CACI International Inc · 1100 North Glebe Road · Arlington Virginia 22201
CACI Awarded New $34 Million Prime Contract to Continue Support for U.S. Army Intelligence Database
Company Had Been Subcontractor on Facilities Support Program
Arlington, VA, July 7, 2009 - CACI International Inc (NYSE:CACI) announced today that it has been awarded a new $34 million prime contract to continue supporting a classified U.S. Army intelligence database that is part of the Facilities, Infrastructure, and Engineering Systems (FIRES) program. CACI had previously served as subcontractor on this effort but has now been awarded the prime position as a result of the contract being recompeted.
Under the terms of the four-year award (one base year and three option years), CACI's role will increase in size and scope. The company will continue to provide its current technical support, expand this support to new areas, and provide additional management oversight. With the award, CACI continues to grow its core competency in data, information, and knowledge management.
CACI's support for FIRES includes acquiring, under direction of the Army, information on selected facilities and complexes, then digitizing and loading this information into the database. The company's continuing lifecycle support includes database design, development, integration, and maintenance. In addition, CACI is now providing three-dimensional renderings of blueprints and architectural drawings that enhance the Army's ability to ensure comprehensive facilities support and protection. And as prime, the company provides management support that assures the timely and effective completion of goals and projects.
Bill Fairl, CACI President of U.S. Operations, said "We look forward to leading this effort while continuing to deliver cutting-edge technical support. Our team's constant technical and management innovation, mission dedication, and attention to quality are helping Army Intelligence complete its vital missions."
Paul Cofoni, CACI President and Chief Executive Officer, said, "CACI's ongoing strategy is to continually enhance the value and quality of the service we provide to all our clients. Our advance from subcontractor to prime on this effort is a great example of our strategy's success. At the same time, it fulfills our mission of providing the very best support for our nation's highest priorities in intelligence and national security."
CACI International Inc provides the professional services and IT solutions needed to prevail in today's defense, intelligence, homeland security, and federal civilian government arenas. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR Solutions; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. We add value to our clients' operations, increase their skills and capabilities, and enhance their missions. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 12,400 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.
There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the following: regional and national economic conditions in the United States and the United Kingdom, including conditions that result from a prolonged recession; terrorist activities or war; changes in interest rates; currency fluctuations; significant fluctuations in the equity markets; failure to achieve contract awards in connection with recompetes for present business and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. government or other public sector projects, based on a change in spending patterns, or in the event of a priority need for funds, such as homeland security, the war on terrorism; or rebuilding Iraq; or an economic stimulus package; government contract procurement (such as bid protest, small business set asides, loss of work due to organizational conflicts of interest, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; the results of government audit and reviews conducted by the Defense Contract Audit Agency or other governmental entities with cognizant oversight; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); market speculation regarding our continued independence; material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; and (iv) accounting for convertible debt instruments; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the company's Securities and Exchange Commission filings.
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