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NCI Awarded $16.4 Billion Rapid Response-Third Generation ID/IQ Contract

^{Published on 2010-12-15 13:10:39 - Market Wire}
 

RESTON, Va.--([ BUSINESS WIRE ])--NCI, Inc. (NASDAQ:NCIT), a leading provider of information technology (IT), engineering, logistics, and professional services and solutions to U.S. Federal Government agencies, is pleased to announce that it has been awarded a contract for the Rapid Response-Third Generation (R2-3G) Program. The R2-3G program is a multiple award, indefinite delivery, indefinite quantity (IDIQ) contract supporting the U.S. Army Communications-Electronics Life Cycle Management Command (CECOM LCMC). This competitively awarded IDIQ has a five-year period of performance and has a total ceiling price of $16.4 billion for all awardees. This is a new contract for NCI, the award of which was previously discussed on a prior investor conference call.

NCI and our small and large business partners will provide technology insertion, system integration and installation, fabrication/prototyping, testing and certification, studies and analyses, logistic support services, training and engineering support services, including re-engineering and reverse engineering, for a range of equipment and services.

The contract is available to Department of Defense and other Federal, State and Local Government agencies. The Rapid Response Program offers R2-3G as a full system life cycle contracting vehicle and is suited for Homeland Security initiatives.

aNCI is pleased to have been selected by CECOM and we are enthusiastic with the possibilities that this new contract provides. The R2-3G contract is an important program for CECOM and their customers as they address their critical mission areas, especially at a time when they are relocating from Fort Monmouth New Jersey to the Aberdeen Proving Ground in Maryland. The NCI team has significant expertise and capabilities to support CECOM to help address their essential C4ISR missions and look forward to expanding our relationship with them as a prime contractor,a said Terry Glasgow, President.

About NCI:

NCI is a leading provider of information technology (IT), engineering, logistics, and professional services and solutions to U.S. Federal Government agencies. We have ISO 9001:2008 and other industry-leading and globally recognized certifications. NCIa™s award-winning expertise encompasses areas critical to its customersa™ mission objectives, including enterprise systems management; network engineering; cybersecurity and information assurance; software development and systems engineering; program management, acquisition, and lifecycle support; engineering and logistics; health IT/medical transformation; and training and simulation. The company is a member of the Russell 2000 and S&P Small Cap 600 indexes, and was recently named to FORTUNE Magazinea™s 2010 a100 Fastest-Growing Companiesa list. Headquartered in Reston, Virginia, NCI has approximately 2,700 employees and more than 100 locations worldwide. For more information, visit our Web site at [ www.nciinc.com ], or e-mail [ mcrystal@nciinc.com ].

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, 2009. 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.