Investor911, with that CACI News (EVRM Partner)...
That is absolutely huge news for CACI. To appoint the Deputy Secretary of Defense, Gordon R. England, to be one of your Board of Directors is a huge statement to the entire world.
CACI being one of EVRM's partners is a huge statement too that EVRM is in outstanding company to position themselves for future growth.
I also noticed your earlier post about the U.S. Strategic Command (USSTRATCOM) and the Armed Forces Communication Electronics Association (AFCEA): http://www.stratcom.mil/ http://www.afcea.org/
I have to echo the same thoughts about EVRM's Chief Technology Officer, Alex Nicoll, that should be recognized by all:
"Nicoll is a senior research fellow who also teaches Information Assurance courses at U.S. Strategic Command."
CACI Awarded Prime Position on $900 Million Contract With U.S. Army Intelligence and Information Warfare Directorate {FYI- NEWS} EVRM is partnered with CACI
CACI Awarded Prime Position on $900 Million Contract With U.S. Army Intelligence and Information Warfare Directorate
--Continues CACI's Ongoing Support for Army Communications-Electronics Research, Development and Engineering Center
ARLINGTON, Va., Aug 19, 2009 /PRNewswire-FirstCall via COMTEX/ -- CACI International Inc (CACI) announced today it has been awarded an indefinite delivery/indefinite quantity task order contract to continue its support for the U.S. Army's Communications-Electronics Research, Development and Engineering Center (CERDEC) Intelligence and Information Warfare Directorate (I2WD) through the Technical Engineering Support Services (TESS) award. CACI is one of three companies awarded the five-year TESS contract, which has a ceiling value of $900 million.
TESS is a follow-on to the Engineering, Technical, and Operations Support Services (ETOSS) Contract that CACI has held since 2006. Its award continues more than 21 years of CACI support for I2WD under ETOSS and predecessor programs. For TESS, CACI will provide scientific and engineering support to assist I2WD in its mission of modernizing Army intelligence and information warfare capabilities and providing mission-critical support to warfighters worldwide. The award continues CACI's support for CERDEC I2WD and grows the company's business in command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) programs.
CACI's work with I2WD will include researching, prototyping, and developing systems for improved intelligence collection through the use of networked sensors. The company will support electronic combat capabilities to counter both conventional and cyber weapons, as well as information warfare systems capable of mounting both offensive and defensive operations.
Bill Fairl, CACI's President of U.S. Operations, said "CACI intelligence and information warfare solutions for the U.S. Army assure mission continuity and give troops the integrated information systems they need to protect themselves and defeat adversaries. Our experts will help I2WD identify, develop, evaluate, and insert emerging information technologies into operational systems to provide reliable and effective tools in the war on terrorism."
According to CACI President and CEO Paul Cofoni, "We are proud the U.S. Army continues to choose CACI for the proven value, expertise, reliability, and thought leadership we provide. CACI's award of the Technical Engineering Support Services contract strengthens our presence in the intelligence community and sustains our partnership with the U.S. Army's Communications-Electronics Research, Development and Engineering Center. Our selection to continue this important work further demonstrates CACI's success in providing the best solutions for America's highest priorities in homeland security and national defense."
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 and the Russell 2000 index. CACI provides dynamic careers for approximately 12,500 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 http://www.caci.com and http://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; 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; 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, (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.
Corporate Communications and Media: Jody Brown, Executive Vice President, Public Relations (703) 841-7801, jbrown@caci.com