Caci Intl Inc Stock Price, News & Analysis

CACI International Inc (NYSE: CACI) reported strong Q2 FY21 results, with revenue of $1.47 billion, a 5.2% year-over-year increase. Operating income rose 28.5% to $141.5 million, while net income surged 34.5% to $106.5 million, boosting diluted EPS by 34.4% to $4.18. The company secured $2.1 billion in contract awards and reported a 10% increase in total backlog to $22.4 billion. CACI reaffirmed guidance for FY21, projecting revenue between $6.05 and $6.25 billion.

CACI International Inc (NYSE: CACI) has secured a three-year task order valued at $96 million to provide engineering and logistics support for the U.S. Army’s Medical Communications for Combat Casualty Care (MC4) Program. CACI will assist in integrating, testing, training, deploying, and sustaining electronic medical record software for the Army. The initiative aims to enhance operational healthcare and improve patient documentation. CACI emphasizes its commitment to effective medical care for soldiers through this longstanding partnership with the Army.

CACI International Inc (NYSE:CACI) announced the delivery of a flight model laser communications transmitter to NASA's Jet Propulsion Laboratory for the Psyche spacecraft. This mission aims to study the origins of planetary cores in the asteroid belt, with the transmitter enabling the first laser communications demonstration in deep space. The technology can transmit data up to 100 times faster than traditional systems, sending information from nearly 200 million miles away. CACI is also involved in other laser communications projects, enhancing capabilities for future space missions.

CACI International Inc (NYSE:CACI) has successfully delivered a flight model laser communications transmitter to NASA's Jet Propulsion Laboratory for the Psyche spacecraft. This mission aims to explore the origins of planetary cores in the asteroid belt. The transmitter is part of the Deep Space Optical Communications (DSOC) package, capable of data transmission up to 100 times faster than traditional systems, over a distance of nearly 200 million miles. CACI is also developing laser systems for other NASA projects, indicating strong involvement in advanced space communications technology.

CACI International Inc (NYSE:CACI) mourns the passing of Dr. J. Philip (Jack) London, who served as Chairman of the Board and Executive Chairman for over 23 years, at the age of 83. Renowned for his leadership and commitment to ethics in federal contracting, his legacy includes promoting innovation and supporting veterans. In light of his passing, Michael A. Daniels has been elected as the new Chairman, working alongside CEO John Mengucci. CACI continues to deliver strong shareholder value, recognized in the Fortune World's Most Admired Companies list and operates within major indices.

CACI International Inc (NYSE: CACI) will announce its fiscal Q2 2021 financial results on January 27, 2021, after market close. A conference call will be held on January 28, 2021, at 8:30 am ET, featuring discussions on the results and future performance expectations by CACI's senior management. The event can be accessed via CACI’s investor relations website, with a replay available afterward. Recognized as a Fortune World's Most Admired Company, CACI continues to offer strong shareholder value and innovative solutions.

CACI International Inc has been awarded the 2020 Northern Virginia Technology Council Veterans Employment Initiative Veteran Service Award. This recognition underscores CACI's commitment to hiring and supporting military veterans and their families, with 37% of its workforce comprised of veterans, military spouses, or current members of the National Guard or Reserves. CACI emphasizes the value veterans bring to the company, which has approximately 23,000 employees and is recognized as a Fortune World's Most Admired Company, reflecting their dedication to shareholder value and excellence in supporting national security missions.

CACI International Inc has secured a four-and-a-half-year task order valued at $160 million to provide IT support to the U.S. Air Force Central Command’s Network Operations and Security Center. The award, made through the Air Force’s Acquisition Management Integration Center, enables CACI to extend its previous contributions by enhancing its networking, cybersecurity, and systems engineering capabilities. This task order aims to bolster communication networks in support of U.S. operations throughout the CENTCOM region, ensuring secure and reliable operations for deployed forces.

CACI International announced that Board Member Susan M. Gordon will receive the 2021 William Oliver Baker Award from the Intelligence and National Security Alliance. This prestigious award acknowledges her significant contributions to U.S. intelligence and national security. With over three decades of public service, including her role as former Principal Deputy Director of National Intelligence, Gordon's leadership and innovative approach have been recognized. The award ceremony is set for September 25, 2021, in Washington, D.C.