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CACI Awarded Three Intelligence Contracts Valued at $79 Million with U.S. Army
Oct 30, 2007 (12:10 PM EDT)
ARLINGTON, Va., Oct. 30 /PRNewswire-FirstCall/ -- CACI International Inc announced today that it has been awarded three prime, five-year contracts (each for one base year, with four option years), valued at a total of $82 million, to support activities associated with an intelligence database. The database is the repository for captured documents and other media. All three contracts were awarded under the Information Technology Enterprise Solutions 2 Services (ITES-2S) contract vehicle, which CACI announced in July 2006. The value from two of these awards was reported in previous news releases. The work awarded to CACI supports the US Army's responsibilities to produce all-source integrated intelligence to support technology development. These three awards increase the scope of CACI work for the U.S. Army and national intelligence and expand the company's knowledge management business area.
The first award for $18.1 million supports Operations Support Services. The second contract is a $24.2 million recompete that applies the CACI- designed HighView Document Exploitation (DOCEX) solution to organize, translate, and analyze captured information in virtually all formats and many languages. The third contract for $37 million supports the database infrastructure with all facets of information technology services and solutions.
CACI has extensive expertise in meeting Intelligence Community information and knowledge management needs, with advanced solutions that integrate COTS (including the CACI HighView document and records management system) and GOTS software applications to ingest, transform, organize, and exploit data to enable information discovery. The company's wide range of knowledge management solutions provide powerful capabilities to support the global war on terrorism, respond to world events, and meet the complex challenges of today's intelligence operations.
According to Bill Fairl, CACI's President of U.S. Operations, "The comprehensive support that CACI will provide the U.S. Army and national intelligence customers through these three awards focuses intelligence operations and technical assistance that directly assists in defeating our nation's enemies. It is especially gratifying that the revolutionary, CACI- designed DOCEX solution plays such a major role in this support."
CACI President and CEO Paul Cofoni said, "These three awards from the US Army reinforce and demonstrate CACI's ability to support information and communications dominance for our nation's armed forces. The company is focused on delivering the intelligence solutions our clients require to anticipate and effectively respond to threats in homeland security and the changing face of the war on terrorism."
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 1000 index. CACI provides dynamic careers for approximately 10,700 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 http://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.
For investor information contact: David Dragics, Senior Vice President, Investor Relations (866) 606-3471, email@example.com For other information contact: Jody Brown, Executive Vice President, Public Relations (703) 841-7801,
CONTACT: David Dragics, Senior Vice President, Investor Relations, firstname.lastname@example.org+1-866-606-3471, ; or Jody Brown, Executive VicePresident, Public Relations, +1-703-841-7801, , both of CACIInternational Inc
Web site: http://www.caci.com/