Paul M. Cofoni (President of U.S. Operations)

Thank you Jack.

I appreciate the opportunity to speak to the shareholders of CACI and share my thoughts on The Road Ahead. As Jack said, we have set a target of $3.7B in revenue by fiscal year 2010. Having been here a little over three months, I am confident we will achieve that goal. I have always had a great deal of respect for CACI. In fact, I think it appropriate for me to share some of the reasons I decided to join the CACI team.

We have a proud history. We have served our clients well for decades. Our clients think of us as part of the fabric of their operations, not as just a contractor. The reason is that you and your people commit themselves entirely to the mission of the client. Many of us spent part of our careers in the ranks of our clients, so it's natural for us to feel real commitment. Our clients sense that.

We have an enviable reputation for operational excellence, integrity and agility. Our programs are healthy because we deliver on our promises. Our clients never doubt that we speak the truth or that we operate within the rules. And they know we can react quickly to changing needs as their environment changes over time. You all demonstrate aggressiveness around new opportunities. This team gets it when it comes to growth. Everyone is leaning forward.

As Jack mentioned is his remarks, we once again set performance records in fiscal year 2005 for revenue, profit and earnings. We successfully integrated our largest acquisition D&IG and our most recent NSR. We wanted NSR to join CACI not only for the extraordinary talent and depth they will add, but because we believe NSR's culture is a great match with our own. NSR operates at the intersection of technology and policy issues across a wide range of national security disciplines to meet their clients' challenges. In the past year, we have competed against some of the largest companies in our sector and won. Through new business and acquisitions we have gained new talent that will help position us for future opportunities.

CACI is well positioned for future growth. We have a qualified pipeline of opportunities of over $13B. We are aggressively pursuing opportunities in our core markets and selectively targeting new markets where we can match CACI competencies and client needs. We are focused on probability, not possibility. That is, while we have abundant resources to pursue new business, we are careful to target those we believe we can win. Once again we are on a course to set new records. Jack provided details on our performance in FY 2005 and I can confirm that we are well on our way in 2006 to achieve new record performance levels.

In summary, we will continue to concentrate on our core markets - DoD, Intelligence, Transformation. We are focused on recruiting and retaining good people - we know CACI is a great company to work for - and we want others to know that too.

Win recompetes - we want to keep our clients forever and we will be relentless in our pursuit of winning 100%.

Capture new business - we are pursuing bigger, $100M and greater, top-tier contracts.

Continue strong mergers and acquisition program to

• Increase our capability
• Reach new clients