CACI Chairman Dr. J.P. (Jack) London Inducted as 2010 Washington Business Hall of Fame Laureate
December 01 2010 - 8:00AM
Business Wire
CACI International Inc (NYSE:CACI) announced today that CACI
Chairman of the Board Dr. J.P. (Jack) London has been inducted as a
laureate into the Washington Business Hall of Fame at its annual
gala held last night in Washington, DC. The honor is a lifetime
achievement award for executives who have made a major impact on
the Greater Washington Region by demonstrating business excellence,
visionary, innovative leadership, and community involvement
throughout their professional lives. More than 1,000 people
attended the gala, with proceeds from the dinner and awards
ceremony benefiting Junior Achievement's efforts to inspire and
prepare young people to succeed in a global economy. The laureates
are selected annually by a committee comprised of members of the
Hall's three founding organizations: The Greater Washington Board
of Trade, Junior Achievement of the National Capital Area, and The
Washingtonian.
Dr. London's selection recognizes his achievement in growing
CACI from a small consulting firm into a worldwide professional
services and IT company serving vital national needs in defense,
intelligence, homeland security, and the modernization of
government. A market visionary, Dr. London was the architect of
CACI strategies that continually positioned the company for growth
in rapidly changing business climates, while also helping to expand
the region's IT capabilities. London's creation and leadership of a
robust mergers and acquisition program have brought some 50
acquisitions to CACI to-date. These have strengthened the company's
capabilities in managed networks and integrated security and
intelligence solutions and helped to grow revenue from $1.6 million
in 1972, the year London joined CACI, to more than $3 billion
today. This significant growth is also the result of the company’s
concentration on well-funded, critical areas of the federal
government and the innovative solutions it provides customers. Dr.
London's leadership in developing CACI's reputation for its culture
of ethics and integrity is known throughout the industry.
In his remarks made when accepting the award, Dr. London thanked
the more than 13,000 people of CACI, pointing out, “We are proud of
the work we do for our military in supporting America’s defense
needs around the world.” He went on to say, “In business I know
that people are everything. People with 'great attitudes' are
vital. People of initiative and integrity are critical. After we
hire these great people, we empower them to achieve their goals.
Then we reward their achievements. This is CACI’s success
formula.”
Joining Dr. London as fellow laureates at the event were
distinguished Greater Washington business leaders Theodore "Ted" J.
Leonsis, Majority Owner of the Washington Capitals; Debra L. Lee,
Chairman and Chief Executive Officer of BET Networks; John G.
Laytham, President of Clyde's Restaurant Group; and Gerald T.
Halpin, Founder, President and CEO, Chairman of the Board of
Directors, WEST*GROUP.
CACI President and CEO Paul Cofoni noted, “All of us at CACI
congratulate Jack London on his induction into such a vitally
important organization as the Washington Business Hall of Fame. In
the government contracting community, Jack’s name is synonymous
with exceptional business acumen, high ethical standards, and an
overriding sense of patriotism. We always try to bring these same
qualities to the innovative support we provide our customers.”
CACI provides professional services and IT solutions needed to
prevail in the areas of defense, intelligence, homeland security,
and IT modernization and government transformation. We deliver
enterprise IT and network services; data, information, and
knowledge management services; business system solutions; logistics
and material readiness; C4ISR 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 13,400 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;
changes in our effective tax rate; valuation of contingent
consideration in connection with business combinations; 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; the insourcing of
contractor positions by the government; 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, and (iii) competition for task
orders under Government Wide Acquisition Contracts (“GWACs”) and/or
schedule contracts with the General Services Administration; the
ability to integrate the operations of our recent acquisitions; 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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