ARLINGTON, Va. , May 14 /PRNewswire-FirstCall/ -- CACI International Inc
(NYSE: CAI) announced today that the U.S. Army has awarded the company an
additional ceiling of
The Army's tactical radio communications systems connect warfighters and first responders to each other and to military and government decision-makers. PM TRCS fields more than 150 such systems, providing airborne and ground-based radio communications in support of tactical operations that include battlefield engagements in Iraq .
CACI currently supports the manufacture and testing of systems to ensure specifications and schedules are met and costs are contained. The company also assists the PM TRCS in planning how systems are distributed and deployed, how related supplies are allocated, and how training is developed and scheduled to ensure the highest levels of warfighter readiness.
The new funding significantly expands CACI's existing PM TRCS work. The increase also reflects new business for CACI in support of additional communications. Here, CACI will help the Army use technologies to better sustain radio transmissions during battlefield operations. Where conventional radio signals may fail over difficult terrain or under harsh conditions, this form of communication provides greater success.
Bill Fairl , CACI President of U.S. Operations, said, "CACI is now serving on more than 30 communications programs for this client. We're also excited to have this opportunity to support the Army's most cutting-edge communications, including helping warfighters use the Internet to communicate over long distances in a war zone."
Paul Cofoni , CACI President and Chief Executive Officer, said, "We know that effective communications are the key to battlefield success. We continue to make it a priority to support our nation's most critical missions with innovative services and solutions that increase our clients' abilities to succeed."
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; information assurance, information operations, and cyber security services; 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 of 2007 and the Russell 2000 index. CACI provides dynamic careers for approximately 11,800 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: the accretiveness of the Dragon Development Corporation and Athena Innovative Solutions, Inc. transactions to our earnings; regional and national economic conditions in the United States and the United Kingdom , including conditions that result from terrorist activities or war; changes in interest rates; currency fluctuations; 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 ; 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, (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.
SOURCE CACI International Inc