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CACI Awarded $11 Million Task to Support Defense Personnel Records Image Retrieval System Work for Department of Defense Military Personnel Records Portal Continues CACI International Inc Arlington, VA, July 11, 2005 ??” CACI International Inc (NYSE:CAI) announced today that it has been awarded a task order of an estimated $11 million value if all options are exercised to continue work on the Defense Personnel Records Image Retrieval System (DPRIS) initiative for the Department of Defense (DoD) Office of the Undersecretary of Defense for Personnel and Readiness. The five-year task order was competitively awarded by the General Services Administration (GSA) Federal Systems Integration and Management Center (FEDSIM) under the Millennia Lite Functional Area 4 Information Technology Support Services contract and requires CACI to perform web-based integration and support services for the DoD. With this award, CACI expands its secure electronic records capabilities within its core systems integration business. DPRIS is a secure web portal through which the Department of Veterans Affairs and other federal agencies gain access to official military personnel records in digital image format. Copies of source documents from millions of records for current active, guard, and reserve service personnel, as well as recently retired, separated, or discharged veterans can be requested by authorized agency users. The modular DPRIS design facilitates component reuse with minor configuration changes to accommodate additional interfaces as other agency systems are incorporated into the Net Centric DPRIS enterprise environment. The DPRIS application does not persistently store records which remain under control of the respective repositories operated by the military services and the National Archives and Records Administration. CACI will continue to provide maintenance and support for the legacy DPRIS production software, integrate interfaces with other DoD military personnel records systems, complete the development and implementation of a secure DPRIS Web site for authorized agency use, and expand the system to support automated routing of requests for information or documents from older microfiche and paper records as well as for data from military personnel record databases. The upgraded Military Personnel Records - Net Centric enterprise portal will automate the secure routing of government agency requests and return of retrieved images, text, and data. As the incumbent contractor, CACI brings senior military personnel records experts and a highly qualified technical development and implementation team to DPRIS. The SEI CMM Level 3 compliant team employs proven development processes and extraordinary communications and coordination skills to provide the ultimate in product development and performance, completed on time and within budget. "Military personnel, both active duty and retired, deserve America's support and respect. Our technology allows government agencies supporting our service personnel and veterans to more quickly and consistently adjudicate requests for the entitlements and benefits that they have earned," said CACI Chairman, President, and CEO Dr. J.P. (Jack) London. "We're proud to serve in this vital area." DRS TECHNOLOGIES Receives $16.8 Million Contract To Provide Embedded Diagnostoc Systems For U.S. Army Combat Vehicles DRS Technologies, Inc. Parsippany, NJ, July 14 -- DRS Technologies, Inc. announced today that it was awarded a $16.8 million contract from the U.S. Army to deliver new embedded diagnostics systems for installation on the M2A3 Bradley Fighting Vehicles. For this award, DRS will manufacture Chassis Modernization and Embedded Diagnostics (CMED) kits. The kits will provide substantially upgraded weapon systems capability and an integrated embedded diagnostics functionality for these vehicles, while delivering real-time diagnostics and increased reliability, reducing logistics footprint, and lower operating and support costs. The CMED systems are applicable to the entire fleet of Bradley Fighting Vehicles. The contract was awarded to DRS by the U.S. Army??™s Tank and Automotive Command Life Cycle Management Command (TACOM LCMC), Rock Island, Illinois, on behalf of Program Manager Combat Systems in Warren, Michigan. Work for this order will be accomplished by the company??™s DRS Test & Energy Management unit in Huntsville, Alabama. Product deliveries are expected to begin in August 2006 and continue through July 2007. Additional contracts for production and installation of these diagnostic kits are anticipated by the company. "The receipt of this contract reinforces our role as a key supplier of operationally-proven electronic test and diagnostics equipment for the U.S. Army??™s fleet of ground vehicles," said Fred L. Marion, president of DRS??™s Surveillance & Reconnaissance Group. "The upgraded capabilities developed for this ground combat vehicle system will result in enhanced situational awareness for the Bradley driver, increased vehicle availability, simplified logistics, and improved product functionality and performance, ensuring that the Bradley fleet will continue to play a crucial role on the battlefield." For this contract, DRS will deliver transducer sensor kits, cable modification kits, Driver Vision Enhancer (DVE) kits, Digital Vehicle Distribution Box (DVDB) embedded diagnostics and video integration kits, new Driver Display Panels (DDPs), steering column modifications and common display panel kits for existing M2A3 Bradley Fighting Vehicles. DRS??™s Test & Energy Management business is a leading supplier of automated test systems, embedded diagnostic systems, vehicle electronics, and power and energy management solutions for a broad range of military applications. DRS TECHNOLOGIES Receives $35 Million Conttract To Provide Electronics Test Support For U.S. Army Ground Vehicles DRS Technologies, Inc. Parsippany, NJ, July 12 -- DRS Technologies, Inc. announced today that it was awarded a $35 million contract for the continued manufacture of the Direct Support Electrical System Test Sets (DSESTS) Test Program Sets (TPS) for the M1A1, M1A2 and M1A2 Abrams Main Battle Tanks System Enhancement Program (SEP) and the M2/M3 family of Bradley Fighting Vehicles. The contract was awarded to DRS by the U.S. Army Tank Automotive and Armaments Command Life Cycle Management Command (TACOM LCMC), Rock Island, Illinois, on behalf of Program Manager Combat Systems in Warren, Michigan. Work for this contract will be performed by the company??™s DRS Test & Energy Management unit in Huntsville, Alabama. For this award, DRS will produce Test Program Sets (TPS) designed to support the U.S. Army??™s conversion to modularity and also will provide engineering and support to resolve parts obsolescence issues. Product deliveries are expected to commence immediately and continue through June 2007. "Our continued support of this test equipment assures that the Army??™s current generation of Abrams and Bradley vehicle fleets can be fully sustained around the world," said Fred L. Marion, president of DRS??™s Surveillance & Reconnaissance Group. "Our customer??™s commitment to the long-term sustainability of DSESTS equipment reaffirms our position as a leading supplier of ???best value??™ electronic test systems for the Army??™s family of Abrams and Bradley ground vehicles." DRS produces a variety of automatic test equipment (ATE) designed for diagnosing electronic components installed on Army M1A1, M1A2 and M1A2 SEP Abrams Main Battle Tanks, M2/M3 Bradley Fighting Vehicle Systems, and U.S. Marine Corps??™ Abrams tanks and Light Armored Vehicles (LAVs). Utilized at 89 locations in the U.S. and deployed internationally, the DSESTS supports the U.S. Army??™s modularity requirements, as it transforms existing divisions into brigade combat teams. DRS is developing new, state-of-the-art, third generation Army automatic test equipment, which is expected to reduce test development time, increase testing efficiency, improve data logging capability, reduce overall support costs, and improve the capability to test all Abrams and Bradley line replaceable units (LRUs). Force Protection, Inc. Announces $5 Million Debt Financing Agreement Force Protection, Inc. Ladson, S.C. -- Force Protection, Inc., manufacturer of the Buffalo and Cougar armored vehicles deployed with U.S. armed forces in Iraq and Afghanistan, announced today that it has secured a credit line of $5 million through GC Financial Services, Inc. of Houston, Texas. The all-debt deal is coupled with a factor agreement that allows Force Protection to receive payment on its U.S. government contract receivables within 24 to 48 hours of delivery. Force Protection CEO Gordon McGilton noted that the agreement will help ensure the expansion of the company's production capability to meet the order for 122 Joint Explosive Ordnance Rapid Response Vehicles (JERRV) recently awarded by the Joint IED Defeat Task Force. ???The flexibility of the credit line, together with the $6.7 million milestone payment recently received under the JERRV contract, will provide us with sufficient working capital to meet present cash needs??? noted McGilton. ???This will enable Force Protection to maintain its focus on delivering cutting-edge armored vehicle technology to support our troops in Iraq.??? ???We are extremely pleased to continue our close working relationship with Force Protection and proud to play a role in the company's mission to protect and save lives,??? said Kent Martin, Managing Director of GC Financial. |
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