CACI Awarded Three Task Orders Valued at $57.4 Million to Support U.S. Army Night Vision & Electronic Sensors Directorate
ARLINGTON, Va., Dec. 3 /PRNewswire-FirstCall/ -- CACI International Inc
(NYSE: CAI) announced today that it has been awarded three new task orders,
totaling an estimated
With these three awards, CACI becomes the leading S3 prime contractor in
the value of task orders awarded. Since receiving the S3 contract in March
2006 , CACI has won nearly one third of all awarded S3 task orders, for a total
of more than
The NVESD awards include an estimated
According to Bill Fairl, President of U.S. Operations, "The capabilities CACI offers help the U.S. Army stay one step ahead of our adversaries' ability to develop new and more deadly weapons. From optical technologies that give our troops 'control over the night,' to laser systems that can identify and guide weapons to targets, CACI's support helps the Army protect our troops and defeat the enemy."
CACI President and CEO Paul Cofoni said, "CACI has won nearly one billion dollars in Strategic Services Sourcing task orders because we make it our number one priority to support our nation's greatest challenges. With S3, we are privileged to provide direct support to our warfighters to counter terrorist threats. Our ongoing goal is to serve as a valued national asset to all our clients in support of America's national security."
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 11,400 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.
For investor information contact: For other information contact: David Dragics, Senior Vice President, Jody Brown, Executive Vice Investor Relations President, Public Relations (866) 606-3471, [email protected] (703) 841-7801, [email protected]SOURCE CACI International Inc
