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NCI Awarded $31.4 Million Air Mobility Command (AMC) Communications Operations and Maintenance Functions (COMF) Contract
RESTON, Va.--([ BUSINESS WIRE ])--NCI, Inc. (NASDAQ:NCIT), a leading provider of information technology (IT), engineering, and professional services and solutions to U.S. federal government agencies, is pleased to announced that it has been awarded a contract worth an estimated $31.4 million, if all options are exercised, to support the Air Force's 375th Communications Support Squadron (CSPTS). The primary place of performance will be at Scott AFB, IL with performance beginning November 3, 2008 extending through February 28, 2014. Please note that this award was discussed on the company's third-quarter 2008 financial results conference call held on November 3, 2008, and the value of this contract was included in the backlog information reported at that time.
Under this contract, NCI and its partner, ExecuTech Strategic Consulting, a service disabled veteran-owned small business, will provide Level I and II operations and management, configuration management, system administration, help desk support, and database administration to the Air Force's 375th Communications Support Squadron (CSPTS) who in turn support AMC's Command and Control (C2) systems. This competitively awarded contract is new work for NCI and was processed as an OMB Circular A-76 Cost Comparison Study.
"NCI is pleased to have been selected by the Air Force as the service provider to provide the best value for AMC's COMF support. We are proud of our long-term association with AMC and look forward to expanding our support for them in these vital functions," said Terry Glasgow, President.
About NCI, Inc.:
NCI is a leading provider of information technology (IT), engineering, and professional services and solutions to U.S. Federal Government agencies. As an ISO 9001:2000–certified company, NCI's award-winning expertise encompasses areas critical to its customers' mission objectives, including enterprise systems management; network engineering; information assurance; systems engineering and integration; program management, acquisition, and lifecycle support; engineering and logistics; medical transformation/health IT; and distance learning and training solutions. The company is a member of the Russell 2000 index. Headquartered in Reston, Virginia, NCI has approximately 2,400 employees and nearly 100 locations worldwide.
Forward-Looking Statement: Statements and assumptions made in this press release, which do not address historical facts, constitute "forward-looking" statements that NCI, Inc. believes to be within the definition in the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties, many of which are outside of our control.Such forward-looking statements are subject to factors that could cause actual results to differ materially from those anticipated results. These factors include but are not limited to: the failure of the Government to allot funds to NCI to complete performance of the contract; the risk of contract performance; government contract procurement (such as bid protest) and termination risks; competitive factors such as pricing pressures and/or competition to hire and retain employees; and material changes in laws or regulations applicable to the company's businesses.For a discussion of these and other risks and uncertainties, please refer to the section titled "Risk Factors" in NCI, Inc.'s Form 10-K filed with the Securities and Exchange Commission for the period ended December 31, 2007.The forward-looking statements included in this news release are only made as of the date of this news release and NCI, Inc. undertakes no obligation to publicly update any of the forward-looking statements made herein, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise.