Arlington, VA, October 27, 2008 - CACI International Inc (NYSE:CAI) announced today that it has been awarded a $19.5 million Business Enterprise Integration Services (BEIS) task order contract to provide technical and management support to the Department of Defense Business Transformation Agency (BTA). CACI won the three-year award (one base year and two option years) under its General Services Administration Schedule 70 contract. CACI has supported the BTA since the agency's inception with many successful transformation initiatives. The BEIS award represents expansion of CACI's BTA market presence and reflects the success of CACI's business system solutions core competency.
The BTA's mission is to guide the transformation of business operations throughout the DoD and to deliver enterprise-level capabilities that align to warfighter needs. The mission of BEIS is to build upon existing infrastructure to provide timely, accurate, and reliable business information from across the DoD to support financial requirements and provide detailed information visibility in support of the warfighter.
CACI will provide systems maintenance and development for many major DoD business systems currently being enhanced by BTA. In addition to BTA systems, the scope includes Defense Finance and Accounting Service (DFAS) projects that CACI has previously supported. CACI's long-history of success in this domain will be a critical factor in delivering high-quality support on BEIS.
CACI also brings significant credentials in project management disciplines that improve project performance and assure on-time, on-cost delivery. This includes CACI's offering of software development processes that are independently certified at Level 3 of the Software Engineering Institute's Capability Maturity Model® Integration (CMMI®). CACI's CMMI Level 3 operations assure the government that processes and products comply with internationally recognized high standards and software engineering best practices.
According to CACI President of U.S. Operations Bill Fairl, "CACI brings Tier 1-level resources, processes, and commitment to ensure the responsiveness, customer service, and entrepreneurial spirit that the Defense Business Transformation Agency desires and deserves."
CACI President and CEO Paul Cofoni said, "CACI continues to focus on process disciplines that offer the greatest value to our clients. Our achievement of CMMI Level 3 is just one example of how we have met our goals to develop and offer the best practices our clients need to complete their critical missions. Our emphasis on proven processes is key to accomplishing CACI's strategic growth goals."
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 of 2007 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.
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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