Arlington, VA, March 4, 2010 - CACI International Inc (NYSE:CACI) announced today that it has been awarded one of five prime contracts to support the U.S. Navy's Space and Naval Warfare Systems Command's (SPAWAR) command and control (C2) operations. The multiple-award, five-year indefinite delivery/indefinite quantity (IDIQ) task order contract was awarded to CACI for a three-year base and two one-year option periods. The contract ceiling for CACI's contract is $588 million. The new award calls for CACI to enhance the command's communications and networking systems to enable SPAWAR's end customer – the warfighter – to gain access to mission critical information more efficiently.
This award allows CACI to offer its enterprise information technology and network services methodology to the customer by bringing common technologies together to meet mission requirements. Work under the contract involves helping the Navy migrate a wide array of legacy command and control applications and support tasks to a more fully integrated service approach. This will allow for an easier, more efficient method of providing tactical data to all users, regardless of diverse formats and delivery methods.
SPAWAR is the Navy's premier Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance (C4ISR) command for acquisition and life-cycle management of communications and warfare systems. Under a variety of contracts since 1981, CACI has supported the command with solutions that include software development, enterprise resource planning, network engineering, software testing and certification, and training. This gives CACI in-depth experience in the client's technical environment and user requirements to support work performed under this new contract.
According to Bill Fairl, CACI's President of U.S. Operations, "We are very pleased that the Navy's Command and Control Program Office has demonstrated its confidence in CACI's people, processes, and tools by awarding us this significant contract to support the warfighter. It's gratifying to be recognized for our record of outstanding past performance, our value-focused approach, and our long tradition of exceptional service to the fleet."
CACI President and CEO Paul Cofoni observed that, "With this important award, SPAWAR allows us to expand our already significant presence in the C4ISR community and continue our legacy of technical excellence and support. Enhancing the Navy's IT and network capabilities will play an important role in upgrading command and control operations to better serve the needs of our operating forces as they carry out their missions around the world."
CACI provides professional services and IT solutions needed to prevail in the 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. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 12,800 employees working in over 120 offices in the U.S. and Europe. 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 government 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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