A brief description of our improvements and refinements that led from the CEM95 version of the Cascade-Exciton Model (CEM) code to CEM97 and to CEM2k is given. The increased accuracy and predictive power of the code CEM2k are shown by several examples. To describe fission and light-fragment (heavier than {sup 4}He) production, the CEM2k code has been merged with the GEM2 code of Furihata. We present some results on proton-induced fragmentation and fission reactios predicted by this extended version of CEM2k. We show that merging CEM2k with GEM2 allows us to describe many fission and fragmentation reactions in addition to the spallation reactions which are already relatively well described
