Arlington, VA, August 10, 2009 - CACI International Inc (NYSE:CACI) announced today it has been awarded a prime, indefinite delivery/indefinite quantity task order contract with a ceiling value of $450 million to provide recruiting and retention services for the National Guard. CACI is one of three companies awarded the five-year (one base year with four one-year options) contract by the National Guard Bureau to support a broad array of programs to help ensure the National Guard's ability to maintain its end strength. The award continues CACI's legacy of support for the National Guard and integrates several decades of recruiting and retention experience from valued members of the CACI Team.
The National Guard is a joint reserve component of the U.S. Army and the U.S. Air Force. National Guard units can be mobilized for active duty, during times of war or of national emergency. Currently, nearly 30 percent of total U.S. forces in Iraq and Afghanistan consist of mobilized personnel of the National Guard and other Reserve components. The Guard is administered by the National Guard Bureau, which is a joint activity under the Department of Defense.
To help the National Guard meet its critical retention and recruitment goals, the CACI Team's support activities for this contract will include a full range of recruiting and retention services; development of training modules and support materials; research and analysis; specialized recruiting to meet specific requirements; end-item development and management; and the design and management of Web portals and databases. Work on the award will have the significant involvement of CACI's functional core competencies of data, information, and knowledge management services and enterprise IT services.
Bill Fairl, CACI's President of U.S. Operations, said, "CACI is pleased to be able to expand our support for the National Guard and help its Army and Air components fulfill their vitally important recruiting and retention goals. Our team brings extensive, in-depth experience to the Guard's efforts, and this award is a strong vote of confidence in the diverse capabilities we provide."
CACI President and CEO Paul Cofoni said, "The National Guard plays a critical role in keeping our nation safe and secure both at home and, to an unprecedented extent, in overseas theaters of operation as well. We're proud that this award from the National Guard Bureau enables CACI to use our proven expertise to serve our nation's priorities so effectively."
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 integration services; 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 12,500 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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