Caci Intl Inc Stock Price, News & Analysis

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.

CACI International has been awarded the Nunn-Perry Award by the Department of Defense for its outstanding performance in the Mentor Protégé Program. This award recognizes CACI's successful collaboration with small business partner CDIT, which saw workforce growth of over 188% and a 323% increase in annual revenues under CACI's mentorship in fiscal year 2022. CDIT also achieved multiple federal contracts and key industry certifications. CACI's commitment to supporting small businesses and enhancing the DoD's mission capabilities is emphasized by its continued success in these initiatives.

CACI International has secured a $54.6 million contract to provide support to the U.S. Army Futures Command in Huntsville, Alabama. This contract will assist the Assured Positioning, Navigation, Timing, and Space (APNT/Space) Cross Functional Team in fulfilling Army modernization and national security objectives. The award marks a significant opportunity for strategic growth in the Huntsville area.

CEO John Mengucci emphasized the importance of this mission in delivering innovative solutions to support warfighter needs.

CACI International Inc (NYSE: CACI) announced a $123.4 million task order awarded by the Naval Information Warfare Center (NIWC) Atlantic to provide defense health readiness engineering support for the U.S. Navy, Marine Corps, and Air Force. This five-year contract, executed under the Seaport-Next Generation vehicle, encompasses full lifecycle mission support, including engineering, testing, training, and cybersecurity. CACI has a proven track record, having delivered over 3,000 implementations for the Theater Medical Information Program, showcasing its leadership in enterprise technology for military readiness.

CACI International Inc (NYSE: CACI) announced its participation in the Morgan Stanley 10th Annual Laguna Conference on September 14, 2022, at 3:50 p.m. ET. CACI's Chief Financial Officer, Tom Mutryn, will host a question-and-answer session during this event.

A live audio webcast will be accessible on the CACI Investor Relations website with a replay available for 30 days after the presentation. CACI is recognized for its technological expertise and has around 22,000 employees dedicated to solving critical challenges in government and enterprise sectors.

CACI International Inc announced a partnership with the Alabama School of Cyber Technology and Engineering (ASCTE) Foundation to support high school students in Huntsville, Alabama. This initiative aims to advance education in cyber technology and engineering, addressing workforce shortages in these fields. CACI will provide internship opportunities, mentorship, curriculum development, and professional development for staff. The partnership is expected to create a talent pipeline for national security careers, aligning with CACI's mission to foster innovation and skilled professionals in the industry.

CACI International will participate in TechNet Augusta 2022 from August 15-18, showcasing its Archon Solution suite and SIPR Modernization for the U.S. Army. The event highlights the company's collaboration with ID Technologies and Dell Technologies to enhance secure connectivity. Key technologies include Archon CSfC compliant hardware, integrated SIPR modernization solutions that reduce costs, and capabilities supporting Mission Partner Environments (MPE). Notable speakers include Maj. Gen. Peter Gallagher and Michael Maice, discussing cybersecurity and command control innovations.

CACI International Inc reported fiscal year 2022 revenues of $6.2 billion with a net income of $366.8 million and a diluted EPS of $15.49. The fourth quarter witnessed revenues of $1.6 billion, marking a 5% increase year-over-year. However, the net income for the quarter fell by 32.1% to $93 million. The company anticipates revenue growth in fiscal year 2023, projecting revenues between $6.475 and $6.675 billion. CACI's adjusted diluted EPS is expected to range from $17.65 to $18.49.