Award Continues Company's Modernization of Munitions Management
ARLINGTON, Va., June 29 /PRNewswire-FirstCall/ -- CACI International Inc (NYSE: CACI - News) announced today that it has been awarded a five-year prime contract, valued at $30 million if all options are exercised, to support the Total Ammunition Management Information System (TAMIS) for Headquarters, Department of the Army. Awarded through the Information Technology Enterprise Solutions-2 Services (ITES-2S) contract vehicle, the contract includes one base year and four option years. CACI will provide program management and technical services in support of munitions management modernization efforts for both the Army and U.S. Marine Corps. The award continues CACI's work with this Army client and supports the company's core systems integration business.
By delivering enhanced ammunition management capabilities and the integration of applications into a central system built on a Services-Oriented Architecture, the web-based TAMIS will deliver new efficiencies in developing training and operational requirements and managing weapons training programs. The enhanced system will include capabilities for managing more than $16 billion in both training and war-time munitions.
CACI's team will provide program management and a full range of systems integration services to TAMIS and its 7000+ users. The work includes engineering and consolidating existing capabilities, extending TAMIS with new capabilities and reporting mechanisms, delivering user training and help desk support for the system, and providing ongoing software maintenance and development. CACI will also expand enterprise-wide business intelligence components, interfacing with other current and future Defense Department systems.
CACI has a strong legacy of support for stand-alone Army ammunition systems and the Department of the Army, offering the benefits of in-depth experience and proven technical solutions in the TAMIS environment. The company also provides high-quality software development services certified at Capability Maturity Model Integration (CMMI) Maturity Level 3 of the Software Engineering Institute. This functional and technical expertise assures the Army of effective systems and software support, delivered on time, and within budget.
According to Bill Fairl, CACI's President of U.S. Operations, "We are pleased that this work for the Total Ammunition Management Information System enables us to continue our support for this important Army client. It reinforces our work with the Armed Forces munitions community across the Department of Defense."
CACI President and CEO Paul Cofoni said, "This new contract for our ongoing work with the Army is a highly valued addition to the broad array of support CACI provides across the service's entire global enterprise. The critical effort involved is a key component in supplying warfighters with the tools they need to counter the threat of terrorism."
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 security, information assurance, and information operations; 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 and the Russell 2000 index. CACI provides dynamic careers for approximately 12,400 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 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 governmental 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 out 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.
Corporate Communications and Media:
Jody Brown, Executive Vice President, Public Relations
(703) 841-7801, jbrown@caci.com
Investor Relations:
David Dragics, Senior Vice President, Investor Relations
(866) 606-3471, mddragics@caci.com
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