CACI’s Spectral Program with the U.S. Navy Achieves Milestone C
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milestone ctechnical
Milestone C is a specific, predefined development or regulatory checkpoint in a licensing or partnership contract—one of several labeled stages (A, B, C, etc.)—whose achievement triggers a payment, royalty change, or transfer of rights. Investors watch these milestones because they convert progress into measurable financial outcomes and can change a deal’s value quickly, much like reaching a named stage in a project plan that releases the next tranche of funding.
low-rate initial production (lrip)technical
A low-rate initial production (LRIP) phase is a limited, early manufacturing run used to build a small number of products after testing but before full-scale production. For investors it signals a program moving from development toward commercial output—like a baker making a small batch to confirm the recipe before opening for regular sales—so LRIP can indicate near-term revenue potential, remaining technical or cost risks, and timing for larger contract value.
electronic warfare (ew)technical
Electronic warfare is the use of the electromagnetic spectrum—radio waves, radar, GPS signals and similar emissions—to detect, confuse, block or protect electronic systems such as communications, navigation and sensors. Think of it as deliberately creating static, fake signals or protective filters for a radio or GPS device to hide movements or deny an opponent’s view. Investors watch it because governments and companies buy these capabilities as part of defense, security and critical-infrastructure spending, which can drive revenue, contracts and technology risk for suppliers and customers.
signals intelligencetechnical
Signals intelligence is the collection and analysis of information from intercepted electronic transmissions — such as phone calls, radio messages, radar emissions, and digital data streams — to understand intentions, capabilities or activities. For investors it matters because changes in signals intelligence capabilities or exposure can shift government defense spending, create regulatory or legal risks for technology companies, and reveal cybersecurity vulnerabilities that could affect a firm’s value, much like overhearing a conversation can change how you act.
software-defined systemstechnical
Software-defined systems are computing or infrastructure setups where functions normally tied to physical hardware are implemented and controlled by software, so behavior and capacity can be changed by updating code instead of replacing equipment. For investors, this matters because it can lower capital and operating costs, speed rollouts and innovation, and improve scalability and resilience—akin to changing a TV channel with a remote rather than rebuilding the set—which can influence profitability and competitive position.
open architecturestechnical
Open architectures are system designs that let different software, hardware or services connect and work together easily, like Lego pieces that snap into many sets. For investors, they matter because they encourage wider use, faster innovation and easier partnerships, reducing the risk that a product becomes obsolete or locked to a single supplier and often widening market opportunity and potential revenue streams.
electromagnetic spectrumtechnical
The electromagnetic spectrum is the full range of invisible energy waves—from low-frequency radio waves to high-frequency gamma rays—that carry signals, heat, and light. Think of it as a multi-lane highway where each lane suits different uses: some lanes carry radio and TV broadcasts, others carry mobile phone and satellite signals, and some enable medical imaging or industrial sensors. Investors care because access, regulation, and technology that use specific lanes determine the value, revenue potential, and competitive position of companies in telecom, healthcare, defense, and electronics.
information operationstechnical
Information operations are coordinated efforts to shape what people think and believe about an organization, market or event by spreading, amplifying or suppressing messages across media and online channels. Like a stage manager controlling what the audience sees, these actions can influence investor sentiment, trading behavior and market prices; for investors, they matter because they can create misleading signals, sudden volatility, reputational harm or regulatory and legal risk that affect a company’s value.
RESTON, Va.--(BUSINESS WIRE)--
CACI International Inc (NYSE: CACI) today announced the Spectral program has successfully completed rigorous review by the U.S. Navy’s Program Executive Office for Command, Control, Communications, Computers, and Intelligence (PEO C4I), achieving Milestone C. CACI partnered with PEO C4I’s Program Manager Warfare Battlespace Awareness and Information Operations Program Office (PMW 120), to achieve this historic accomplishment, marking the start of the program's low-rate initial production (LRIP) and deployment phase, a defining step toward placing this critical electronic warfare (EW) technology in the hands of U.S. sailors.
“This recent milestone enables the delivery of modern, cutting-edge technologies that empower our warfighters to defend the nation from our adversaries and maintain decision superiority across every domain, especially the electromagnetic spectrum,” said John Mengucci, CACI President and CEO. “Our bold investments in technology and our world-class engineering team have led us to this critical milestone, a momentous leap forward for the Navy. I thank the Navy for entrusting CACI to strengthen their ability to defend the nation and prevail in contested environments, when it matters most – when the stakes are highest, and lives are on the line.”
As part of Milestone C, CACI and PMW 120 have executed several Iterative Capability Tests proving the functionality of the system which led to this decision by Milestone Defense Authority. Under the Spectral program, CACI will rapidly, and at scale, develop and deploy the next generation of shipboard signals intelligence and electronic warfare capabilities, effectively protecting warfighters from electronic attacks and adversarial threats.
Through software-defined systems and open architectures, CACI optimizes platforms with advanced electromagnetic warfare technologies that detect and exploit signals across the spectrum — enabling sensing, communications, and information operations.
About CACI
CACI International Inc (NYSE: CACI) is a national security company with 26,000 talented employees who are Ever Vigilant in expanding the limits of national security. We ensure our customers’ success by delivering differentiated technology and distinctive expertise to accelerate innovation, drive speed and efficiency, and rapidly anticipate and eliminate threats. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. We are members of the Fortune 500™, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at caci.com.
There are statements made herein which do not address historical facts and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.
