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CACI International (CACI) Stock News, Feb-May 2024

CACI NYSE

CACI International Inc reports developments tied to its role as a national security technology provider for U.S. government customers, including intelligence, defense and federal civilian agencies. Company updates commonly cover task orders and contracts for satellite communications, software development, sustainment, systems engineering, cloud migration and government modernization programs.

Recurring announcements also include quarterly results, conference participation, leadership changes and technology capabilities such as secure hybrid cloud, optical communications, sensing hardware and space-related mission support. Following the completed ARKA Group acquisition, CACI news also reflects electro-optical/infrared imaging, hyperspectral imaging, geospatial intelligence and Agentic AI-based software within its national security portfolio.

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CACI International's optical communications technology has successfully transmitted data over 200 million kilometers from NASA's Psyche spacecraft to the Jet Propulsion Laboratory in California, marking another milestone in the Deep Space Optical Communications (DSOC) experiment. The technology will continue to be used by NASA as the DSOC range extends.

John Mengucci, CACI’s President and CEO, highlighted the achievement as a significant milestone for optical communications technology, emphasizing the company’s leadership role in the sector. CACI has over 25 Optical Communications Terminals (OCTs) in low-earth orbit (LEO) for the U.S. government, demonstrating capabilities in space-to-space and space-to-ground communications. The company is recognized as a low-risk, capable U.S. provider of OCTs, supporting high-speed, secure optical communications as an alternative to traditional RF links.

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CACI, a leading provider of technology and expertise to U.S. government customers for national security and modernization, announced its participation in the Stifel 2024 Cross Sector Insight Conference. The event is scheduled for June 4 at 3:00 p.m. ET. CACI President and CEO John Mengucci will speak in a fireside chat format. The session will be available via live audio webcast on the company's investor relations website, with a replay accessible for 90 days.

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CACI International announced a contract with the Canadian Armed Forces to provide counter-uncrewed aerial systems (C-UAS) to combat drone threats. These threats are increasingly sophisticated and pose significant risks to military forces and governments. The contract includes the deployment of dismounted omnidirectional systems (DODS) and a man-packable component known as BEAMTM, which are part of CACI's SkyTracker® suite. This technology is designed to detect, track, and defeat drone threats with operationally proven capabilities. CACI emphasizes its experience and the support of top engineers in ensuring the safety and success of military operations.

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CACI International Inc (NYSE: CACI) will participate in the Bank of America Securities 31st Annual Transportation, Airlines and Industrials Conference. CACI's Executive Vice President will engage in a fireside chat to discuss the company's role in providing technology to U.S. government customers for national security missions.

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FAQ

What is the current stock price of CACI International (CACI)?

CACI International (CACI) last closed at $639.97.

What is the market cap of CACI International (CACI)?

The market cap of CACI International (CACI) is approximately $14.1B.