Caci Intl Inc Stock Price, News & Analysis

CACI International Inc has secured a $2.25 billion contract with the Defense Counterintelligence and Security Agency (DCSA) to provide background investigation services over the next five years. This single-award contract continues CACI's long-standing partnership with DCSA, where it has conducted critical security clearance investigations. More than 1,000 background investigators will be involved in the 2 million annual investigations overseen by DCSA across all states and territories.

CACI International Inc (NYSE: CACI) has joined the Red Hat Embedded Partner Program to enhance its enterprise scalable solutions. The collaboration aims to deliver a Commercial Solutions for Classified (CSfC) mobility solution using CACI's Archon product line built on Red Hat Enterprise Linux. This partnership, which includes secure remote access capabilities, is designed for greater efficiency and customer experience. CACI's CTO emphasizes the strategic importance of Red Hat in its technology products, while the collaboration promises a simplified and robust solution for organizations needing CSfC compliance.

CACI International Inc announced that its Chairman, Michael A. Daniels, received the 2022 Hall of Fame Honoree award from the Northern Virginia Chamber of Commerce during the 20th Annual Awards Gala on November 2. Daniels was recognized for his extensive leadership and experience in the technology and government contracting sectors. He has served as Chairman since January 2021 and held numerous senior executive roles at various firms, enhancing CACI's reputation within the industry.

CACI International Inc has formed a partnership with the U.S. Naval Academy Foundation to enhance training programs in electronic warfare and electromagnetic spectrum operations. This initiative honors the legacy of former chairman Dr. J.P. London, emphasizing national security education. CACI will contribute through guest lectures, advanced technology provision, and mentorship, aligning academic efforts with contemporary security challenges. The company, recognized for its expertise in the field, aims to equip future Naval leaders with the latest advancements.

CACI International Inc (NYSE: CACI) reported strong fiscal Q1 2023 results, with revenues of $1.6 billion, an 8% YoY growth. Net income rose to $89.1 million with a diluted EPS of $3.76. Adjusted net income was $103.3 million and adjusted diluted EPS was $4.36. The company secured $3.2 billion in contract awards, including significant contracts with the U.S. Air Force and Navy. Total backlog increased to $24.9 billion. Fiscal year 2023 guidance remains positive with revenues projected between $6.475 billion and $6.675 billion.

CACI International Inc will present innovative technologies at the AUSA Annual Meeting from Oct. 10-12 in Washington, D.C. at booth 7205. The technologies showcased include CACI's multi-domain SMART portfolio, enhancing soldiers' capabilities in decision-making and operational effectiveness. Key displays will feature modular counter-unmanned aircraft systems, advanced network capabilities, and multi-sensor imaging systems. These technologies support Joint All-Domain Command & Control and demonstrate CACI's commitment to national security.

CACI International Inc (NYSE: CACI) will announce its financial results for the first quarter of fiscal 2023 on October 26, 2022, after market close. A conference call to discuss these results will take place on October 27, 2022, at 8:30 AM Eastern Time, featuring senior management and a Q&A session. Investors can access the call through CACI’s investor relations website. The company employs approximately 22,000 staff and has been recognized as a Fortune World's Most Admired Company, reflecting its commitment to excellence and shareholder value.

CACI International announces the retirement of EVP and CFO Thomas Mutryn, effective January 9, 2023, after over 16 years with the company. Jeffrey MacLauchlan will succeed him as EVP, CFO, and Treasurer starting November 1, 2022. MacLauchlan brings over 40 years of experience, having previously been a partner at First Light Acquisition Group and held senior roles at Rockwell Collins and Lockheed Martin. CEO John Mengucci praised Mutryn's contributions and expressed confidence in MacLauchlan's ability to lead CACI's financial strategy.

CACI International Inc (NYSE: CACI) has been awarded a $174 million contract by the U.S. Navy's Military Sealift Command (MSC). The contract focuses on enhancing naval ship systems and machinery while aiming to reduce costs and improve fleet safety. CACI will conduct research and development to optimize MSC’s maintenance programs, ensuring readiness and mission effectiveness. The work will primarily take place in Washington, D.C., and Norfolk, Virginia, but may involve deployments to shipyards globally.