CACI Awarded $290 Million Contract to Provide AI and Geospatial Expertise to the National Geospatial-Intelligence Agency (NGA)

Rhea-AI Summary

CACI International (NYSE: CACI) has secured a five-year contract worth up to $290 million to provide artificial intelligence and geospatial expertise to the National Geospatial-Intelligence Agency (NGA) under the Luno-A multi-award indefinite delivery, indefinite quantity vehicle.

The company will deliver complete end-to-end geospatial products using CACI-built AI solutions, focusing on identifying items of interest and analyzing activity changes over time at the unclassified level. CACI's AI-powered tools support change detection, object detection, tracking, monitoring, and alerting with automation layers to enhance GEOINT process efficiency.

Positive

• Secured significant $290 million contract with NGA
• Five-year contract duration provides stable revenue stream
• Leveraging proprietary AI technology for government contracts
• Expanding presence in strategic intelligence sector

Negative

• None.

Insights

Financial Analyst

The $290 million NGA contract win represents a significant revenue opportunity for CACI, bolstering its AI and geospatial intelligence capabilities portfolio. The 5-year duration provides stable, predictable revenue streams while expanding CACI's footprint in the high-growth AI defense sector. With a market cap of $10.2 billion, this contract adds approximately 2.8% to CACI's total contract value. The company's strategic investments in AI technology development are paying off, as evidenced by this win. The contract's focus on unclassified work could lead to broader commercial applications and market opportunities beyond defense. This award strengthens CACI's competitive position in the geospatial intelligence market and demonstrates the company's ability to secure large-scale government contracts.

Tech Expert

CACI's proprietary AI solutions for geospatial intelligence demonstrate significant technological sophistication, particularly in change detection and object recognition capabilities. The integration of machine learning and computer vision into analyst workflows shows advanced automation maturity. The ability to process unclassified data through AI models for real-time analysis represents a valuable technological advantage in the GEOINT space. The end-to-end nature of their solution, from source material processing to automated analysis and alerting, indicates a comprehensive technical framework. This positions CACI at the forefront of AI-driven geospatial intelligence solutions, with potential applications extending beyond traditional defense use cases into commercial markets.

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) announced today that it is an awardee of a five-year contract valued at up to $290 million to provide artificial intelligence (AI) and geospatial expertise to the National Geospatial-Intelligence Agency (NGA) under the Luno-A multi-award indefinite delivery, indefinite quantity vehicle.

“CACI has been investing ahead of need and leveraging proven AI tools for years to enhance our renowned expertise,” said John Mengucci, CACI President and Chief Executive Officer. “By utilizing CACI-developed AI tools that are easily integrated into analyst workflows, we will deliver cutting edge geospatial AI, machine learning, and computer vision expertise to our customer on this contract. Furthermore, the ability to provide meaningful, rapid results will enable NGA to incorporate real-time data into their missions and inform their critical decisions.”

Under this contract, CACI will provide NGA with complete end-to-end geospatial products generated with CACI-built AI solutions. This includes solving NGA requirements by running source material through CACI’s AI models to identify items of interest and give analysis on activity and change over time, all at the unclassified level. CACI’s AI-powered tools and platforms support change detection and object detection, as well as tracking, monitoring, and alerting with automation layers and analysis to provide efficiencies to the geospatial intelligence (GEOINT) process.

About CACI

At CACI International Inc (NYSE: CACI), our 24,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at www.caci.com.

There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

CACI-Contract-Award-Business Wire

View source version on businesswire.com: https://www.businesswire.com/news/home/20241205015286/en/

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

(703) 434-4165, lorraine.corcoran@caci.com

Investor Relations:

George Price

Senior Vice President, Investor Relations

(703) 841-7818, george.price@caci.com

Source: CACI International Inc

FAQ

What is the value of CACI's new contract with NGA?

CACI's contract with the National Geospatial-Intelligence Agency is valued at up to $290 million.

What services will CACI provide under the Luno-A contract?

CACI will provide AI and geospatial expertise, including end-to-end geospatial products using CACI-built AI solutions for change detection, object detection, tracking, monitoring, and alerting.

What is the duration of CACI's NGA contract?

The contract is a five-year indefinite delivery, indefinite quantity vehicle.

How will CACI's AI solutions benefit NGA's operations?

CACI's AI solutions will enable NGA to incorporate real-time data into their missions, identify items of interest, and analyze activity changes over time at the unclassified level.