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CACI International Inc (symbol: CACI) is a leading information solutions and services provider, primarily serving U.S. government agencies and departments. Recognized as one of Fortune Magazine's World's Most Admired Companies in the IT services sector, CACI plays a crucial role in national security missions and government transformation initiatives. The company operates through various subsidiaries in the United States and Europe, providing a wide range of services including intelligence, defense, and federal civilian support.
Established as a member of the Fortune 1000 largest companies, the Russell 2000 index, and the S&P SmallCap 600 index, CACI proudly employs over 16,300 professionals across 120 offices worldwide. This extensive network enables CACI to deliver top-notch solutions tailored to the unique needs of its clients, ensuring efficiency and security in their operations.
In recent years, CACI has made significant strides in expanding its service offerings and strengthening its market position. Through strategic partnerships and innovative projects, the company continues to enhance its capabilities in cybersecurity, data analytics, and digital transformation. These advancements not only reinforce CACI's commitment to supporting government operations but also position the company as a key player in the global IT services industry.
The company's financial health is robust, underpinned by a strong revenue stream from long-term government contracts. CACI's focus on maintaining high standards of service delivery and operational excellence has earned it a reputation for reliability and expertise. As the landscape of national security and government operations evolves, CACI remains at the forefront, adapting to emerging challenges and opportunities.
For more information on CACI International Inc, visit their official website at www.caci.com.
Linette Bumford, a former U.S. Air Force Senior Airman, transitioned from military service to become CACI's Quality Program Assurance Executive Director. After joining the Air Force in 1996 in Logistics and Supply Chain Management, she earned multiple honors including the 1998 838th Engineering and Installation Squadron Achievement Medal. Since joining CACI in 2014, she oversees management systems implementation supporting over 24,000 employees. As former President and current Executive Sponsor of CACI's Veterans Employee Resource Group (VERG) Maryland East Chapter, Bumford advocates for veterans' needs through mentorship, career development, and mental health support programs.
CACI has received 11 prestigious awards in 2024 for its excellence in veteran hiring and inclusivity. The company earned the Department of Labor Hire Vets Gold Medallion and maintained its 5-Star Veterans Employer status from VETS Indexes for the fourth consecutive year. Notable achievements include ranking 34th on Military Times' Best for Vets Employer list, marking nine consecutive years of recognition, and receiving the Military Friendly® Employer gold designation for the 17th consecutive year.
The company was also recognized by Forbes and Newsweek as one of America's best workplaces for veterans, received two Patriot Awards from ESGR, and earned the NVSBC Champions Award for the 14th year. These accolades reflect CACI's ongoing commitment to supporting veterans, military spouses, and service members in their workforce.
CACI International (NYSE: CACI) has secured a $226 million task order to support U.S. Southern Command Operations (USSOUTHCOM). The five-year Southern Command Operations, Planning, and Engagement Support (SCOPES) task order was issued by GSA Assisted Acquisition Services Defense. CACI will leverage its two-decade experience across five geographic combatant commands and U.S. Special Operations Command to deliver integrated services enhancing USSOUTHCOM's capabilities. The company's expertise includes regional knowledge of threats, opportunities, and challenges specific to these regions.
CACI International (NYSE: CACI) has completed the acquisition of Azure Summit Technology for $1.275 billion in an all-cash transaction. Azure Summit, with over 300 employees, specializes in radio frequency technology and electromagnetic spectrum engineering. The acquisition strengthens CACI's software-defined capabilities in signals intelligence, electronic warfare, and intelligence surveillance across maritime and airborne platforms. The company has secured a $750 million Term Loan B to support the transaction. Azure Summit's operations in Fairfax, Virginia and Melbourne, Florida expand CACI's U.S. presence.
CACI International (NYSE: CACI) announced that President and CEO John Mengucci received the 2024 Technology Good Scout Award from the Boy Scouts of America National Capital Area Council. The award, presented on Oct. 23 in Tysons, Virginia, recognizes outstanding technology industry leaders from the Washington, D.C. area who exemplify Scout values. Mengucci, a supporter of STEM education, contributes to future generations through CACI's internship program and his roles on the Northern Virginia Technology Council's board and Clarkson University's Board of Trustees.
CACI International reported strong fiscal Q1 2025 results with revenues of $2.1 billion, up 11.2% year-over-year, driven by 9.9% organic growth. Net income reached $120.2 million with diluted EPS of $5.33, up 42% YoY. Contract awards totaled $3.3 billion with nearly 75% for new business. Total backlog increased 21.3% to $32.4 billion. The company raised its FY2025 guidance, now projecting revenues of $8.1-8.3 billion. CACI completed the acquisition of Applied Insight and announced plans to acquire Azure Summit Technology.
CACI International Inc (NYSE: CACI) has announced the election of Scott C. Morrison to its Board of Directors, effective immediately. Morrison, who will serve as an independent director, brings extensive leadership experience and financial expertise to the board. He joins CACI from his most recent role as executive vice president and chief financial officer of Ball , where he had a distinguished career spanning over two decades.
Morrison's experience includes various senior positions at Ball , including treasurer, vice president, senior vice president and CFO, and interim COO for global beverage packaging. Prior to Ball, he held senior banking positions at JPMorgan Chase and NBD Bank. Currently, Morrison serves as a director for Sensient Technologies He holds a bachelor's degree in finance from Indiana University Bloomington and an MBA from Wayne State University.
CACI International Inc (NYSE: CACI) announced that Charles L. Szews has been elected by shareholders to its Board of Directors as an independent director. Szews brings extensive experience in finance, audit, operations, strategic planning, and mergers and acquisitions. His expertise in manufacturing and technology, spanning both the Department of Defense and commercial industries, is expected to provide valuable insight into scaling CACI's spectrum superiority market.
Szews previously served as CEO of Oshkosh from 2012 to 2015, and held various leadership roles within the company since 1996. He also has experience with Fort Howard and Ernst & Young. Currently, Szews serves as a director for Commercial Metals Company and Group 1 Automotive, Inc. He holds a bachelor's degree from the University of Wisconsin.
CACI International Inc (NYSE: CACI) has been awarded a five-year task order valued at up to $805 million to provide engineering support and technology to the U.S. Navy's NavalX Office. The task order falls under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract (MAC) vehicle.
Under this task order, CACI will perform research, analysis, engineering, prototyping, and assessments to identify, develop, test, and transition modern digital tools for the Navy. The company will also connect teams with tools, training, and resources to deliver more indispensable solutions to the warfighter. These activities aim to enhance operational performance through advanced technology development and seamless integration of multi-domain systems.
CACI International Inc (NYSE: CACI) has announced its schedule for the release of its fiscal year 2025 first quarter financial results. The company will disclose these results after the market closes on October 23. Following this, CACI will host a conference call on October 24 at 8:00 a.m. Eastern time, where executive leaders will discuss the quarterly results and participate in a question-and-answer session.
Interested parties can access the call and view accompanying exhibits on CACI's Investor Relations site. For those unable to attend the live event, a replay of the call will be available on caci.com for one year following the conference.
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