Apr
7
2009

ICF International and Tri Star Team to Support U.S. Navy Sea Warrior Program

ICF to Provide Strategic Program Development Support to Sea Warrior Program

 

 

Fairfax, Virginia, April 7, 2009 -

ICF Incorporated, LLC, a subsidiary of ICF International (NASDAQ:ICFI), is teaming with Tri Star Engineering, Inc. to provide strategic program development and management support to the U.S. Navy's Sea Warrior Program.

Tri Star was awarded a five-year, $25 million contract by the Sea Warrior Program Management Office (PMW 240), the accountable information technology (IT) acquisition agent for the U.S. Navy's Manpower, Personnel, Training, and Education enterprise and Distance Support. The contract features ICF as its largest subcontractor based on the firm's extensive experience in providing strategic support services to the Sea Warrior Program and in supporting other enterprise transformation efforts throughout the Department of Defense. ICF's first task order was awarded in 2008 and is valued at $1 million.

Under the contract, Tri Star is providing comprehensive program management, systems engineering, technical, and operations support for PMW 240. Through an indefinite delivery/indefinite quantity (IDIQ) agreement with Tri Star, ICF is assisting the Sea Warrior Program in developing and implementing an enterprise approach to manage its growing IT portfolio consistently and rigorously. Specific tasks include engaging stakeholders across the Navy, building alignment and motivation through a common sense of purpose, communicating the program's contributions to the Navy's success, and establishing and maintaining a disciplined enterprise approach to acquiring and fielding IT solutions.

"ICF has continuously provided a range of strategic services to the Sea Warrior Program," said Jeanne Townend, ICF senior vice president. "This experience, along with our knowledge of defense business transformation, will help the program establish a consistent operating model across its extensive stakeholder communities."

 

 

About ICF International

ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy and climate change; environment and infrastructure; health, human services, and social programs; and homeland security and defense markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program life cycle, from research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 3,500 employees serve these clients worldwide. ICF’s Web site is www.icfi.com.

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This document may contain “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995—that is, statements related to future—not past—events, plans, and prospects. These statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by such forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “guidance,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “seek,” “should,” “will,” “would,” or similar words. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position, or state other forward-looking information, and are subject to factors that could cause actual results to differ materially from those anticipated. These statements include those that refer to ICF’s current expectations about the acquisition of Macro. Although ICF believes its expectations are based on what management believes to be reasonable assumptions, it cannot assure the expectations reflected in this document will be achieved as they are subject to risks and uncertainties that are difficult to predict and may be outside of ICF’s control. Such risks and uncertainties include the possibility that the benefits anticipated from the Macro transaction will not be fully realized and other risks in connection with the proposed transaction.

In relation to ICF’s business, particular uncertainties that could adversely or positively affect the Company’s future results include but are not limited to: risks related to the government contracting industry, including the timely approval of government budgets, changes in client spending priorities, and the results of government audits and investigations; risks related to our business, including our dependence on contracts with U.S. federal government agencies and departments and the State of Louisiana; continued good relations with these and other customers; success in competitive bidding on recompete and new contracts; performance by ICF and its subcontractors under our contract with the State of Louisiana, Office of Community Development, including but not limited to the risks of failure to achieve certain levels of program activities, termination, or material modification of the contract, and political uncertainties relating to The Road Home program; uncertainties as to whether revenues corresponding to the Company’s contract backlog will actually be received; the future of the energy and air transportation sectors of the global economy; our ability to attract and retain management and staff; strategic actions, including attempts to expand our service offerings and client base, the ability to make acquisitions, and the performance and future integration of acquired businesses; risks associated with operations outside the United States, including but not limited to international, regional, and national economic conditions, including the effects of terrorist activities, war, and currency fluctuations; and other risks and uncertainties disclosed in the Company’s filings with the Securities and Exchange Commission. These uncertainties may cause ICF’s actual future results to be materially different than those expressed in the Company’s forward-looking statements. ICF does not undertake to update its forward-looking statements.

FOR IMMEDIATE RELEASE

Michele Ryan
1.571.265.1472

 
 
 

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