CACI Awarded $34 Million Prime Contract to Maintain Budget Systems for Department of Defense
December 07 2010 - 8:00AM
Business Wire
CACI International Inc (NYSE:CACI) announced today that it has
been awarded a $34 million prime contract to support the mission,
processes, and systems requirements of the Office of the Under
Secretary of Defense (Comptroller) (OUSD(C)) at the Department of
Defense (DoD). The task order is for four and one-half years
(one base period and four option years) and was awarded under the
Encore II contract vehicle. The award continues a 19-year history
of support for Planning, Programming, Budgeting, and Execution
(PPBE) solutions and IT services for maintaining the entire DoD
budget. CACI’s combined expertise in both software engineering and
its deep knowledge of government budget processes are key factors
to the success of PPBE programs. The contract expands the support
that CACI’s business system solutions functional core competency
provides for the DoD.
CACI is a leading provider of PPBE solutions and IT services in
the federal sector, with more than twenty years of federal budget
formulation and execution experience, along with expertise in
design, establishment, management, security, and operations of
client infrastructure. This extensive knowledge base will prove
useful in meeting OUSD(C)’s need for available, reliable, flexible,
and maintainable systems and support to meet current and emerging
needs.
With its in-depth knowledge of systems and understanding of PPBE
processes, CACI’s work for the OUSD(C) will involve a wide range of
critically important responsibilities. Using a standards-based
approach tailored to the OUSD(C)’s unique requirements, the CACI
team will integrate business processes to support the
organization’s evolving mission requirements. Work will include a
range of tasks such as network administration, database support,
on-site configuration management, helpdesk management, hardware
maintenance, and information assurance.
According to Bill Fairl, CACI's President of U.S. Operations,
“Fulfilling the complex budget requirements of the Department of
Defense, through the Office of the Under Secretary of Defense
(Comptroller), is one of the most vital priorities for the federal
government. Our continuing work with the OUSD(C) will strengthen
and enhance our long-term association with this key customer
through the modernization of critical systems.”
CACI President and CEO Paul Cofoni observed that, “An orderly,
well-managed budgetary process from the Department of Defense
through Congress is a critical factor in assuring that our nation’s
armed services have the resources they need to fulfill their
missions. The people, systems, and technologies we bring to the
table with this award all play essential roles in managing and
tracking the ever-changing requirements that are involved.”
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 13,500 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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