Caci Intl Inc Stock Price, News & Analysis

CACI International Inc (NYSE: CACI) has secured a five-year, single award, indefinite delivery/indefinite quantity (ID/IQ) contract worth up to $48 million from FEMA. The contract focuses on the sustainment, decommissioning, construction, and modernization of the National Public Warning System (NPWS). This system is crucial for disseminating emergency alerts to the public. CACI will enhance the resiliency of 77 stations nationwide and provide training and logistical support to FEMA emergency managers. This contract builds on CACI's existing relationship with FEMA's IPAWS Lab.

CACI International Inc (NYSE: CACI) announced a seven-year task order valued at $376 million from the U.S. Department of Agriculture to enhance its Web Based Supply Chain Management (WBSCM) system. This task order includes cloud migration and modernization to SAP S/4HANA, aimed at increasing efficiency and reducing costs in food and nutrition programs. The WBSCM system supports vital programs like the National School Lunch Program and the Farmers to Families Food Box initiative, which provided food aid during the COVID-19 pandemic.

CACI International Inc (NYSE: CACI) has appointed Glenn Kurowski as Chief Technology Officer (CTO) to enhance technology investments and workforce development. With over six years at CACI, Kurowski aims to bolster the company's capabilities in national security technology and drive innovation. CACI's focus includes research and development in areas like Cybersecurity and AI, with recent accolades for products like SteelBox™ and CM142 sensor. CACI continues to prioritize shareholder value and recognizes its employee base for their contributions to success.

CACI International Inc (NYSE: CACI) will release its third quarter fiscal 2021 financial results on April 21, 2021, after market close. A conference call is scheduled for April 22, 2021, at 8:30 am ET, where senior management will discuss the results and future performance expectations. The call will be available on CACI's investor relations website, and a replay will be accessible afterwards. CACI employs approximately 23,000 staff and is recognized as a Fortune World's Most Admired Company, consistently delivering strong shareholder value.

CACI International Inc has secured a five-year, multiple-award Blanket Purchase Agreement (BPA) from the U.S. Department of Homeland Security (DHS), with a $700 million total program value. This agreement allows CACI to enhance its national security investigations capabilities, expanding its customer base beyond the Department of Defense and Intelligence Community. CACI plans to leverage its scalable delivery model and experienced workforce to ensure high-quality service. CEO John Mengucci emphasized their commitment to safeguarding national security through expertise and technology.

CACI International Inc (NYSE: CACI) has announced a $500 million accelerated share repurchase (ASR) program to buy approximately 2.1 million shares, representing about 8% of its outstanding stock. Initial delivery of 1.7 million shares is expected by March 16, 2021, with final numbers determined by average prices during the repurchase period. CACI is confident in its financial capacity to continue strategic investments and opportunistic repurchases, further enhancing shareholder value and demonstrating confidence in future growth.

CACI International has announced a $500 million accelerated share repurchase (ASR) program, reflecting its confidence in generating robust cash flow. This initiative aligns with the company's commitment to create shareholder value across various market conditions through strategic investments and acquisitions. CEO John Mengucci highlighted CACI's strong performance in revenue and cash flow, indicating financial strength for future growth. The ASR is expected to be executed swiftly, adhering to regulatory requirements, with completion anticipated by the end of Q4 2021.

CACI International will participate in J.P. Morgan’s 2021 Industrial Conference, showcasing its commitment to government enterprise solutions. CFO Tom Mutryn will engage in a fireside chat on March 15, 2021, at 2:50 p.m. ET. Investors can access a live audio webcast on the CACI Investor Relations website, with a replay available for 30 days. CACI's 23,000 employees focus on delivering innovative technology and expertise, earning recognition as a Fortune World’s Most Admired Company and maintaining a strong presence in major indices.

CACI International Inc (NYSE: CACI) has been awarded a contract to continue providing automated litigation support services to the U.S. Department of Justice (DOJ) and other federal agencies. This contract follows the Mega 4 contract and underscores CACI's role as a premier vendor for complex litigation matters. With a workforce of approximately 23,000 employees, CACI emphasizes its commitment to delivering mission expertise and technology. The company is recognized as a Fortune World's Most Admired Company and is part of the Fortune 1000 and Russell 1000 Indexes.