Caci Intl Inc Stock Price, News & Analysis

CACI International Inc has completed its acquisition of SA Photonics, Inc., enhancing its capabilities in free-space optical communications. The acquisition will expand CACI's portfolio and allow it to tackle a broader market, including high-end manned flight and low-earth-orbit projects for the U.S. Space Force. With the addition of key facilities in California and Florida, CACI aims to deliver advanced photonics engineering solutions. The transaction solidifies CACI's position in the defense and aerospace sectors, reflecting strong growth potential.

CACI International Inc (NYSE: CACI) has formed a partnership with Yubico to enhance security for its mobile platforms. Under a memorandum of understanding, Yubico will exclusively provide its YubiKey 5 FIPS Series multi-factor authentication (MFA) products. This collaboration aims to support U.S. government missions by providing robust security against phishing attacks and ensuring secure communications. The YubiKey series is NSA-approved for Department of Defense use, designed to meet NIST guidelines for authentication, addressing rising data breach concerns.

CACI International announced that Board Member Susan Gordon received the prestigious William H. Webster Distinguished Service Award on December 1, 2021. Gordon, a former Principal Deputy Director of National Intelligence, was acknowledged for her substantial contributions to the Intelligence Community, including efforts to enhance integration and promote diversity. Gordon joined CACI's Board in 2020, bringing over 30 years of leadership experience. The award honors individuals who have made extraordinary contributions to the Intelligence Community, named after Judge William H. Webster, the only person to serve as both CIA and FBI Director.

CACI International Inc (NYSE: CACI) announced a five-year task order worth $80.5 million from the U.S. Naval Surface Warfare Center, focused on enhancing aircraft mission systems for Counter Unmanned Aircraft Systems (C-UAS). The project aims to modernize both manned and unmanned platforms, including various U.S. military aircraft, developing next-gen technology for ISR and electronic warfare. CACI highlights its extensive experience and capabilities in addressing national security threats.

CACI International Inc (NYSE: CACI) has secured a new five-year task order potentially worth $785 million to support U.S. Army Special Operations Command (USASOC). This contract, named SOFETOPS, focuses on integrated information warfare and electronic warfare solutions, alongside training and modernization efforts. The task order includes a one-year base period with four additional one-year options, awarded under the GSA OASIS contract vehicle. This development marks a significant expansion of CACI's support to USASOC and aligns with their mission to enhance operational capabilities.

CACI International Inc (NYSE: CACI) announced that Lt. Gen. Michael Nagata, U.S. Army (Ret.), has received the National Defense Industrial Association's DeProspero Lifetime Achievement Award. This award recognizes his distinguished service, particularly in Special Operations and Low Intensity Conflict. Nagata, who leads corporate strategy efforts at CACI, emphasized that this honor reflects the contributions of his military peers. The award ceremony took place on November 4, 2021, at the JW Marriott in Washington, DC.

CACI International Inc has announced its acquisition of SA Photonics, Inc. for $275 million, aiming to enhance its capabilities in free-space optical (FSO) communications. This acquisition will allow CACI to provide faster data transmission solutions that are 25 times quicker than traditional systems while reducing size and cost. The merger is expected to increase CACI's production capacity in the U.S. and strengthen its position as a leading FSO laser communications provider for government and commercial sectors. The deal is anticipated to close by the end of the calendar year.

CACI International Inc (NYSE: CACI) announced its fiscal Q1 2022 results, reporting revenues of $1.5 billion, with a net income of $88.1 million and diluted EPS of $3.70. Adjusted net income was $101.1 million with an adjusted diluted EPS of $4.24. Contract awards reached $2.4 billion, with a backlog totaling $23.9 billion, marking a 9% increase year-over-year. CACI reaffirmed its FY22 guidance, projecting revenues between $6.2 billion and $6.4 billion and adjusted diluted EPS between $18.00 and $18.83.

CACI International Inc (NYSE: CACI) has been awarded a prime position on the U.S. Navy’s Technical Support Services contract, valued at $575 million. This six-year contract will enable CACI to enhance sailor readiness and support the MyNavy HR information system transformation. CACI's role includes managing enterprise technology architecture, data management, and business process reengineering. With over 25 years of experience supporting the Navy, CACI aims to improve access to critical information for sailors and their families, thereby boosting productivity and operational performance.