Arlington, Va., April 15, 2008 – CACI International Inc (NYSE:CAI) announced today that it has been awarded a five-year blanket purchase agreement (BPA) with an estimated value of $54.8 million to support the Defense Medical Logistics Standard Support-Defense Logistics Agency (DMLSS-DLA) program. CACI was one of four prime contractors receiving the contract. Under the terms of the award, CACI will offer professional services and information technology solutions to help DLA manage medical supplies and services for military forces worldwide. CACI is already supporting DMLSS-DLA on other contracts, and the company expects to successfully compete for expansions in the size and scope of this work under the new BPA. With the award, CACI continues to increase its logistics and material readiness capabilities and its growth as a provider of healthcare logistics solutions for the Department of Defense.
The DMLSS mission is to modernize the entire military healthcare logistics supply chain, with DLA providing the software development capability to continually maintain and update DMLSS technology tools and systems. The DMLSS-DLA program primarily supports DLA's Defense Supply Center Philadelphia Directorate of Medical Materiel (DMM), which performs worldwide medical supply chain management for the entire Defense Department. CACI has a team of on-site employees currently supporting DMM.
CACI solutions range from professional services for program management, budgeting, and financial management, to technical expertise in software design, prototyping, development, testing, and maintenance; business process reengineering; and system infrastructure management, among other areas. The CACI team brings personnel and services already proven successful in the DLA environment, assuring continued high-quality support and uninterrupted service.
According to Bill Fairl, CACI President of U.S. Operations, "CACI offers a highly experienced and skilled team to support medical readiness for the Defense Logistics Agency. We can work closely with drug manufacturers for efficient purchasing and delivery, coordinated shipping and transportation, and tracking of expiration dates to assure medical safety. At the same time, we can also deliver the evolving high-tech support DLA needs to keep its medical information systems effective and up-to-date."
Paul Cofoni, CACI President and Chief Executive Officer, said, "CACI's award of the Defense Medical Logistics Standard Support-Defense Logistics Agency contract positions us to expand our business in providing valuable, enterprise-wide logistics solutions for defense healthcare. We understand the challenges of delivering effective medical services for today's Armed Forces and their families, and we are dedicated to offering comprehensive, integrated solutions that strengthen our government's healthcare capabilities."
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of national security, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of national security and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 11,800 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; 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 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, and (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; 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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