Arlington, VA, April 29, 2009 - CACI International Inc (NYSE:CAI) announced today it has been awarded a $50 million prime contract to continue providing acquisition, financial, and program management assistance to the Defense Advanced Research Projects Agency (DARPA) Information Processing Techniques Office (IPTO). The award, for one base year and four option periods, was made under the U.S. Navy's SeaPort Enhanced (SeaPort-e) contract vehicle. With the award, CACI continues to grow its acquisition and program management support business with DARPA and the Department of Defense.
DARPA IPTO's cutting-edge research and prototyping create advanced information processing and exploitation science, technologies, and systems for improvements in capability across a wide range of national security needs. The capabilities that IPTO enables increase the speed and accuracy of decision-making for the warfighter and ensure U.S. superiority in all areas where information can provide a decisive advantage.
CACI's proven understanding of IPTO's goals and environment, coupled with its program, financial, and acquisition management expertise, enhances the ability of DARPA scientists and researchers to focus on their primary mission of identifying, assessing, and advancing new technology research and development.
According to Bill Fairl, CACI's President of U.S. Operations, "CACI has supported DARPA since 1992, and we are very proud to continue providing value and mission continuity to this agency whose work is so critical to our nation's defense. Our team delivers the foundational services and solutions, and experienced and knowledgeable personnel, that help DARPA ensure projects are completed effectively, efficiently, and on time."
CACI President and CEO Paul Cofoni said, "At CACI, we place the greatest emphasis on thoroughly understanding our clients and responding rapidly and effectively to their needs. Our sustained support for the Defense Advanced Research Projects Agency reflects this commitment to being the very best in quality client service. We are proud to play a part in DARPA's successful development of information technology solutions that protect and serve our warfighters."
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 12,300 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 terrorist activities or war; changes in interest rates; currency fluctuations; 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; government contract procurement (such as bid protest, small business set asides, 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; 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); 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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