CACI Awarded $19 Million Prime Contract to Support Comprehensive U.S. Air Force Financial System

ARLINGTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it has been awarded a $19 million prime contract to sustain and enhance the Air Force’s Job Order Cost Accounting System (JOCAS II) for the 554th Electronic Systems Group at Wright-Patterson Air Force Base, OH. The new work on the five-year contract (one base, four option years) will enhance management financial tracking for major range and test facility bases and Air Force research laboratories. The award increases both the size and scope of CACI’s financial management system support and strengthens the company’s functional core competency in business system solutions.

“This new work for the 554th Electronic Systems Group solidifies CACI’s role – and reinforces our standing – as a Tier 1 provider of federal financial systems. It demonstrates the wide-ranging capabilities that our business system solutions functional core competency team brings to every program it supports.”

JOCAS II enables managers to monitor labor and other direct and indirect costs more efficiently and better manage Air Force projects. CACI will maintain and enhance the current operational functionality to fit appropriately within the larger Air Force financial system while ensuring JOCAS II continues to stay compliant with all governing policies, regulations, and guidance. The company will also support any integration of JOCAS II modules with the Air Force core accounting system modernization effort.

The company’s business system solutions functional core competency provides solutions that address the full spectrum of requirements in the financial, procurement, human resources, budget, and supply chain domains. The team’s offerings include services, consulting, and software integration that support the full lifecycle of commercial technology implementations from blueprint through application sustainment.

According to Bill Fairl, CACI’s President of U.S. Operations, “This new work for the 554th Electronic Systems Group solidifies CACI’s role – and reinforces our standing – as a Tier 1 provider of federal financial systems. It demonstrates the wide-ranging capabilities that our business system solutions functional core competency team brings to every program it supports.”

CACI President and CEO Paul Cofoni said, “CACI has been supporting U.S. Air Force programs at Wright Patterson for nearly 30 years, and we’re pleased to add this award to our portfolio. By providing managers of research laboratory and test range projects with better ways to track their expenses through JOCAS II, we’re helping the Air Force refine their cutting edge technology solutions that are so vital to helping warfighters accomplish their missions.”

CACI provides professional services and IT solutions needed to prevail in the 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. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 13,200 employees working in over 120 offices in the U.S. and Europe. 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 government 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 our 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.