Caci Intl Inc Stock Price, News & Analysis

CACI International Inc (NYSE: CACI) announces that DeEtte Gray, the President of its Business and Information Technology Solutions, has been awarded the 2022 FCW Federal 100 Award. This recognition highlights her significant contributions to U.S. Government transformation efforts, particularly in modernizing IT infrastructure and business processes. Under her leadership, CACI has executed large digital modernization contracts, enhancing productivity through Agile practices. CEO John Mengucci commended Gray's valuable expertise in government modernization.

CACI International Inc (NYSE: CACI) has secured a $138 million task order to provide engineering and maintenance support for the Tactical Communications (TACCOM) program, enhancing voice communications for U.S. Immigration and Customs Enforcement (ICE). This task order, awarded under the TACCOM II contract, expands CACI’s role in system lifecycle development and maintenance. Among other responsibilities, CACI will ensure rapid response for outages affecting ICE's portable and mobile radios, supporting the agency's modernization efforts.

CACI International Inc (NYSE: CACI) has secured a $20.4 million contract with the Defense Advanced Research Projects Agency (DARPA) for the Mission-Integrated Network Control (MINC) program. This initiative focuses on employing software-defined networking technology to enhance command and control capabilities in tactical environments. Addressing interoperability issues, network capacity constraints, and reconfiguration challenges, the MINC program aims to support military operations effectively. This award falls within CACI's third fiscal quarter of 2022.

CACI International Inc (NYSE: CACI) will participate in the Goldman Sachs Industrials and Materials Conference, with CFO Tom Mutryn hosting a 'fireside chat' on May 10, 2022, at 10:30 a.m. ET.

The event will be available via live audio webcast on the CACI Investor Relations website, with a replay accessible for 30 days post-event.

CACI employs approximately 22,000 individuals and is recognized as a leader in providing technology and expertise to government enterprises, fostering a culture of excellence.

CACI International has enhanced its DarkBlue Intelligence Suite by integrating broader access to the cryptocurrency economy through partnerships with leading crypto analytics firms. This Software-as-a-Service (SaaS) solution helps defense, law enforcement, and intelligence agencies analyze cryptocurrency transactions, vital for tracking criminal activity in the Deep Web and Dark Web. The suite supports qualified analysts in researching target groups and attributing cryptocurrency exchanges, bolstering the effectiveness of mission-critical data collection and analysis.

CACI International Inc (NYSE: CACI) announced its participation in the 2022 Wells Fargo Industrials Conference. Chief Financial Officer Tom Mutryn will engage in a fireside chat on Thursday, May 5, 2022, at 9:20 a.m. ET. A live audio webcast will be available on CACI's Investor Relations website, with a replay accessible for 30 days after the event. CACI employs approximately 22,000 individuals, providing technology and expertise to government customers. The company is recognized as a Fortune World's Most Admired Company.

CACI International reported fiscal Q3 2022 revenues of $1.6 billion, a 2.1% increase year-over-year. Net income fell to $95.4 million, a 20.7% decline, resulting in a diluted EPS of $4.04. Adjusted net income was $109.6 million, with an adjusted diluted EPS of $4.64. The company experienced short-term funding headwinds but maintains a robust backlog of $23.5 billion. Contract awards in Q3 totaled $1.2 billion, with 45% from new business. Guidance for FY22 was lowered, projecting revenues of $6.2 to $6.25 billion, reflecting ongoing challenges.