CACI Awarded $29 Million Prime Contract to Support Joint Staff Comptroller at Department of Defense

Mon Nov 2, 2009 8:01am EST
 
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CACI Awarded $29 Million Prime Contract to Support Joint Staff Comptroller at
Department of Defense
Continuing Work Provides Enhanced Financial Management and Subject Matter
Expertise




ARLINGTON, Va., Nov. 2 /PRNewswire-FirstCall/ -- CACI International Inc (NYSE:
CACI) announced today that it has been awarded a $29 million prime task order
to support financial management functions of the Joint Staff (JS) Comptroller
at the Department of Defense (DoD).  The  four-year contract (one base year,
three option years) was awarded under the U.S. Navy's SeaPort Enhanced
(SeaPort-e) contract vehicle. The work continues support provided since 2002
and increases both the size and scope of CACI's enterprise financial
management business through its business system solutions functional core
competency. 

The JS Comptroller is the primary advisor to the DoD's Director of the JS and
the Chairman of the Joint Chiefs of Staff for financial and acquisition
initiatives. The JS Comptroller manages all financial resources of the JS,
including planning, programming, budgeting and financial execution, and
oversees the JS internal management control and quality management programs. 

The suite of integrated systems based on Momentum®, a financial management
COTS solution, provides JS streamlined processes; real-time budget updates;
reduced data entry, general ledger and financial statements; and visibility of
resources across JS enabling informed and rapid decision-making. This award
will now include procurement and acquisition capabilities in addition to the
financial resources and expertise already in place. 

According to Bill Fairl, CACI's President of U.S. Operations, "We are pleased
that the DoD's Joint Staff Comptroller has shown such a high degree of
confidence in the financial management capabilities of Team CACI. This task
order provides a welcome extension to our nearly seven year relationship with
this important customer."

CACI President and CEO Paul Cofoni said, "This continued work with the Joint
Staff Comptroller is a key example of CACI's continuing leadership in federal
financial management and solutions. We're proud that capabilities such as
these are playing an increasing role in helping to ensure the benefits of
transformation throughout the federal marketplace."

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 and the Russell 2000 index. CACI provides dynamic
careers for approximately 12,700 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 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, ddragics@caci.com


SOURCE  CACI International Inc

Corporate Communications and Media, Jody Brown, Executive Vice President,
Public Relations, +1-703-841-7801, jbrown@caci.com; Investor Relations, David
Dragics, Senior Vice President, Investor Relations, 1-866-606-3471,
ddragics@caci.com

 

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