Providing Continuity of Operations for the Army's Move From Ft. Monmouth to Aberdeen Proving Ground, Maryland
ARLINGTON, Va. , Dec. 22 /PRNewswire-FirstCall/ -- CACI International Inc (NYSE: CAI) announced that it has opened the CACI Research and Development Labs (CRaDL), a new facility on the U.S. Army's Aberdeen Proving Ground, Md. , to continue CACI's ongoing support for the Army's Ft. Monmouth, N.J. operations while those operations transition to Aberdeen as mandated by the Defense Base Realignment and Closure (BRAC) Commission. CACI supports a number of activities at Ft. Monmouth that provide the Army with critical engineering and support services in C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), and the CRaDL provides significant tools and resources to support the seamless and uninterrupted transition of these services.
Under BRAC law, Ft. Monmouth is scheduled to close in September 2011 . While the Army transitions have begun, most of the movement of operations and people is expected to occur between 2010-2011. CACI's new CRaDL will facilitate the early relocation of Army C4ISR programs and employees to the Aberdeen location.
Besides supporting the BRAC transition, the CRaDL will house CACI's C4ISR research and development program. The R&D program is a strategic initiative designed to support the Army's emerging technology objectives, with an emphasis on wireless technology. CACI expects significant growth in its Aberdeen workforce over the next four years.
CACI also plans to continue expanding its business in New Jersey , where it supports the Department of Homeland Security, state and local governments, and other Army clients, and expects to extend its services and offerings to additional new clients.
The company remains one of the leading prime contractors in the value of task orders awarded on the Army's Strategic Services Sourcing (S3) contract vehicle, which supports many Ft. Monmouth activities. Since S3's award in March 2006 , CACI has won nearly one third of all awarded S3 task orders, for a total of more than
"We are firmly dedicated to supporting the Army's C4ISR mission, expanding to meet relocated missions at Aberdeen Proving Ground , and maintaining the same high level of service to our remaining New Jersey missions," said Bill Fairl , CACI President of U.S. Operations. "Our New Jersey team has extensive experience from a 1995 BRAC move, and through the CACI Research and Development Labs, is applying lessons learned to help the Army manage its current transition without disrupting vital mission support. CACI has operated an extremely successful business in New Jersey since 1995, and we expect to continue our growth both there and in Aberdeen while providing high-quality service for our clients and challenging careers for our employees."
According to CACI President and CEO Paul Cofoni , "CACI has an outstanding record of serving clients whenever and wherever needed. It is our mission. With Ft. Monmouth's move to Aberdeen Proving Ground over the next few years, we will show the strength of our commitment to this mission. And with our innovative CACI tools and resources, we will help the government preserve one of its most important knowledge bases - the intellectual capital of the men and women of Ft. Monmouth , who are dedicated to serving our warfighters and supporting our nation's most important goals."
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 of 2007 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.
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; 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.
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