Arlington, VA, October 22, 2008 - CACI International Inc (NYSE:CAI) announced today that it has been awarded approximately $406 million in previously unannounced contracts with federal government clients in the national security and intelligence communities. For these awards, CACI is delivering professional services and information technology (IT) solutions to organizations providing national security and countering global threats. These contracts were awarded in the first quarter of CACI's fiscal year 2009, which ended September 30, 2008. The awards expand the size and scope of CACI's business in its core competencies of data, information, and knowledge management, and integrated security and intelligence solutions.
For these contracts, CACI is providing a range of technical IT support and analytical services. This includes helping a classified client analyze networks and organizations responsible for planning and perpetrating attacks on U.S. troops. On another effort, CACI is providing technical solutions and software tools that allow this client's analysts to gather actionable information more quickly and effectively, enabling the federal government to better track and prevent terrorist attacks.
Bill Fairl, CACI's President of U.S. Operations, said, "CACI provides proven information technology solutions and analytical services to support defense, law enforcement, and intelligence activities at all levels. We offer cleared personnel with extensive experience in national security and intelligence. Clients keep coming to CACI for support because they know we understand and are fully committed to their missions and have the dedicated expertise and innovative solutions to support them."
CACI President and CEO Paul Cofoni said, "At CACI, we believe that global terrorism is the most serious threat to our nation. Our strategy has been to continually develop and expand the CACI capabilities our clients need to counter terrorist threats. The award of approximately $406 million in contracts with our intelligence and national security clients demonstrates the ongoing success of this strategy, and our total commitment to our clients' highest priorities in defense and homeland security."
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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