CACI International Inc · 1100 North Glebe Road · Arlington Virginia 22201
CACI Interrogator Contract with the U.S. Army to Continue
Arlington, VA, May 25, 2004 — CACI International Inc (NYSE:CAI) stated that the
Associated Press article released today at 3:29PM and other media reports that the Department of the Interior (DOI) intends to “block the Army from hiring new
civilian interrogators in Iraq” while it investigates the award of a past contract misstate DOI’s intent.
DOI officials today informed CACI that it is their intent to honor all existing delivery orders in accordance with their terms and funding. The Company was informed by DOI that the only limitation they are imposing is that DOI will not issue new delivery orders, amend or extend current orders under the current contract. Any modifications, extensions or additions to CACI’s work will be the subject of separate contract actions, a number of which DOI informed the Company are currently in process.
CACI stated that based on its communications today with DOI and its customers it is confident with respect to the continuation of its services in support of clients served through the current contract.
The Company stated that its U.S. military customers continue to report their satisfaction with CACI’s performance.
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of defense, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of defense and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI, a member of the Russell 2000 and S&P SmallCap 600 indices, provides dynamic careers for approximately 9,400 employees working in over 100 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 (an economic downturn in the UK is affecting CACI's UK operations), including conditions that result from terrorist activities or war; 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 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 the appeal of CACI International Inc. ASBCA No. 53058; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees; 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 scheduled contracts with the General Services Administration; 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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