NCI Awarded U.S. Army TEIS III Contract With A Potential Value Of $892 Million

NCI, Inc. (NASDAQ:NCIT), a leading provider of information technology (IT), engineering, logistics, and professional services and solutions to U.S. Federal Government agencies, announced today that the Company has been awarded a Total Engineering and Integration Services (TEIS) III contract with a ceiling value of $892 million to provide information systems engineering and IT support to the U.S. Army Information Systems Engineering Command (USAISEC), and its customers worldwide.

TEIS III support will be required for the full lifecycle of USAISEC projects, to include planning, design, development, engineering, implementation, procurement, logistics, evaluation, test, sustainment, and ancillary services. Support will be required around the globe in challenging environments, including remote locations, sometimes hostile territories, and highly secure facilities involving high level clearances. NCI was one of only three companies to receive a contract.

USAISEC, a subordinate command of the Army’s Communications-Electronics Command Life Cycle Management Command (CECOM-LCMC), is located at Fort Huachuca, Arizona. The indefinite delivery/indefinite quantity (ID/IQ) program has a five-year period of performance. TEIS III is the next-generation contract following NCI’s successful TEIS II contract with USAISEC.

“NCI is again honored to have been selected by USAISEC to provide premier information engineering and IT services to the Army and its other Federal agency customers,” said, Terry Glasgow, President. “USAISEC has a vital role in the Army’s transformation and modernization initiatives for its customers worldwide. NCI looks forward to continuing our strong partnership with USAISEC to achieve its mission goals.”

About NCI, Inc.:

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. NCI’s award-winning expertise encompasses areas critical to its customers’ 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. A member of the Russell 2000 and S&P Small Cap 600 indexes, the company was recently named to the Forbes list of America’s 25 Fastest-Growing Tech Companies for 2010, as well as FORTUNE Magazine’s 2010 “100 Fastest-Growing Companies” list. Headquartered in Reston, Virginia, NCI has approximately 2,900 employees and more than 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 the NCI, Inc. Form 10-K filed with the Securities and Exchange Commission for the period ended December 31, 2010. 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.

Copyright Business Wire 2010

More from Press Releases

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

Meet the Real Money Pros: Market Strategies for 2012

Meet the Real Money Pros: Market Strategies for 2012