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MarketScreener Homepage  >  Equities  >  Nasdaq  >  ICF International, Inc.    ICFI

ICF INTERNATIONAL, INC.

(ICFI)
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ICF : Wins $100 Million Blanket Purchase Agreement with U.S. National Institutes of Health

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10/07/2014 | 07:04am EDT

ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, has been awarded a single-award blanket purchase agreement (BPA) from the National Institutes of Health (NIH) to support biomedical and clinical information services. The BPA, a re-compete contract, has a ceiling of $100 million and a term of five years.

Under this agreement, ICF will continue to provide support for biomedical, health, and disaster information management services, such as data collection and analysis, information dissemination, and outreach initiatives for multiple NIH Institutes and Centers, including the National Library of Medicine (NLM), the National Cancer Institute (NCI), the National Heart Lung and Blood Institute (NHLBI), the National Center for Advancing Translational Sciences (NCATS), and other NIH partner agencies within the U.S. Department of Health and Human Services (HHS). In addition, the company will support key programs related to HIV/AIDS, genetics, cancer, rare diseases, clinical trials, and other federal health initiatives.

"We are proud to be selected to continue our support to NIH,” said Matthew Perry, senior vice president for ICF International. “This award highlights ICF’s strength to blend our strong health subject matter expertise with innovative technology support to provide engaging information services that provide NIH and HHS clients with high-quality and highly efficient solutions.”

“ICF has a long and successful history supporting U.S. Department of Health and Human Services and NIH programs through both strong subject matter expertise and the innovative use of information technology,” said Ellen Glover, executive vice president for ICF International. “We are committed to employing the right combination of systems, services, personnel and management agility to address the dynamic needs of NLM, NCI, NHLBI, NCATS as well as other NIH partner agencies and to assist them in achieving their goals.”

The award is part of ICF’s growing portfolio of large health informatics programs, which include existing projects at NIH and the Centers for Disease Control and Prevention.

For More Information

About ICF International

ICF International (NASDAQ:ICFI) provides professional services and technology solutions that deliver beneficial impact in areas critical to the world's future. ICF is fluent in the language of change, whether driven by markets, technology, or policy. Since 1969, we have combined a passion for our work with deep industry expertise to tackle our clients' most important challenges. We partner with clients around the globe—advising, executing, innovating—to help them define and achieve success. Our more than 4,500 employees serve government and commercial clients from more than 70 offices worldwide. ICF's website is www.icfi.com.

Caution Concerning Forward-looking Statements

Statements that are not historical facts and involve known and unknown risks and uncertainties are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These and other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of our securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.


© Business Wire 2014
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Financials (USD)
Sales 2020 1 604 M
EBIT 2020 112 M
Net income 2020 67,9 M
Debt 2020 364 M
Yield 2020 0,72%
P/E ratio 2020 19,7x
P/E ratio 2021 18,5x
EV / Sales2020 1,04x
EV / Sales2021 0,97x
Capitalization 1 313 M
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Number of Analysts 7
Average target price 91,17  $
Last Close Price 69,62  $
Spread / Highest target 58,0%
Spread / Average Target 30,9%
Spread / Lowest Target -2,33%
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John M. Wasson President, Chief Executive Officer & Director
Sudhakar Kesavan Executive Chairman
James C. M. Morgan Chief-Business Operations
Bettina Garcia Welsh Chief Financial Officer
John M. George Chief Information Officer & Senior Vice President
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