STOCK TITAN

CACI Enters Agreement with U.S. Army to Develop and Test Advanced Capabilities on Demonstration Satellite

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

CACI International Inc (NYSE: CACI) has signed a five-year Cooperative Research and Development Agreement (CRADA) with the U.S. Army Space and Missile Defense Technical Center to develop advanced payload technologies and resilient Positioning, Navigation & Timing (PNT) applications. The initiative follows a planned 2023 satellite launch to test multi-mission small satellite payloads, aiming to enhance GPS resiliency and perform tactical signals intelligence (TacISR). Technologies include laser communications and AI, with military applications under consideration. CACI's advancements position it to strengthen its role in the contested space domain.

Positive
  • Collaboration with U.S. Army enhances credibility and opens potential military contracts.
  • Development of advanced payload technologies may lead to significant revenue opportunities.
  • Innovative PNT applications offer a competitive edge in GPS-denied environments.
Negative
  • None.

CACI-developed applications will enable precise intelligence, sensing, and tracking capabilities

RESTON, Va.--(BUSINESS WIRE)-- CACI International Inc (NYSE: CACI) signed a five-year cooperative research & development agreement (CRADA) with the U.S. Army Space and Missile Defense Technical Center (USASMDC-TC) to further the development of advanced payload technologies, space sensor applications, and resilient Positioning, Navigation & Timing (PNT).

Previously, CACI announced a 2023 satellite launch to test a multi-mission small satellite payload. The payload includes two software-defined technology applications that enable precise, resilient PNT and tactical signals intelligence (TacISR) capabilities while in low earth orbit (LEO). CACI’s PNT and TacISR payloads highlight the unique power of software-defined radio-based modules that can be configured for multiple missions. The USASMDC-TC expressed interest in participating in the program to evaluate these technologies for military use. The CRADA also includes technologies for laser communications, laser sensing, artificial intelligence, and secure communication technologies.

Todd Probert, CACI President of National Security and Innovative Solutions, said, “These payloads feature mission-proven, ground-based technologies that are tailored for the unique challenges of the contested space domain. They enable increased resiliency and security through low size, weight, and power (SWaP) software-defined applications. We look forward to working closely with the Army on this critical program to bolster our nation’s dominance in space.”

The time-focused PNT payload application is the critical enabler of precision positioning and navigation and will demonstrate GPS-independent earth-space time synchronization that exceeds current performance by 100 times. The resulting time accuracy will be used to produce high-precision geolocation solutions in proliferated LEO constellations, contribute to GPS resiliency, and provide augmentation in GPS-denied or degraded environments. Concurrently, the tactical ISR payload application will demonstrate the ability to collect, geolocate, demodulate, and decode digital mobile radio signals.

ABOUT CACI

CACI’s approximately 22,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World's Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. 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, 2022, 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.

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

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

Investor Relations:

Daniel Leckburg

Senior Vice President, Investor Relations

(703) 841-7666, dleckburg@caci.com

Source: CACI International Inc

FAQ

What is the recent agreement CACI signed with the U.S. Army?

CACI signed a five-year Cooperative Research and Development Agreement (CRADA) to develop advanced payload technologies and resilient PNT applications.

How does CACI's new technology benefit military operations?

The new technology aims to enhance GPS resiliency and provide tactical signals intelligence, crucial for military operations in contested environments.

What are the key technologies involved in CACI's developments?

Key technologies include laser communications, artificial intelligence, and advanced Positioning, Navigation & Timing (PNT) applications.

What are the implications of CACI's satellite launch planned for 2023?

The satellite launch aims to test multi-mission payloads, potentially leading to enhanced capabilities in tactical signals intelligence and positioning technologies.

CACI INTERNATIONAL CLA

NYSE:CACI

CACI Rankings

CACI Latest News

CACI Stock Data

9.14B
22.08M
1.46%
89.44%
2.2%
Information Technology Services
Services-computer Integrated Systems Design
Link
United States of America
RESTON