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About CACI International Inc
CACI International Inc (NYSE: CACI) is a leading provider of information solutions and services, specializing in supporting national security missions and government modernization initiatives. With a primary focus on U.S. government agencies, including intelligence, defense, and federal civilian sectors, CACI delivers tailored solutions that address some of the most complex challenges in national security and public sector transformation. The company's expertise spans functional software development, data and business analysis, IT operations support, naval architecture, and life cycle support intelligence, among other areas.
Core Business Areas
CACI operates across two main segments: Domestic Operations and International Operations. The Domestic Operations segment generates the majority of the company's revenue, reflecting its strong focus on serving U.S. federal agencies. By leveraging its deep understanding of government requirements, CACI provides solutions that enhance operational efficiency, improve security measures, and enable cutting-edge technological advancements.
Key services offered by CACI include:
- Cybersecurity and Intelligence: Providing advanced cybersecurity solutions to protect critical national infrastructure and delivering actionable intelligence for mission-critical operations.
- IT Modernization: Transforming legacy systems into modern, scalable, and secure IT infrastructures that support government efficiency and innovation.
- Engineering and Logistics: Offering comprehensive engineering solutions, supply chain management, and life cycle support for defense and civilian agencies.
- Agile Software Development: Implementing Agile methodologies and DevSecOps to accelerate software delivery and enhance system reliability.
Market Position and Competitive Landscape
CACI is recognized as a key player in the government IT services industry. As a member of the Fortune 1000, the Russell 1000 Index, and the S&P MidCap 400 Index, the company has established itself as a trusted partner for U.S. government agencies. Its ability to deliver innovative solutions tailored to the unique needs of federal clients sets it apart from competitors. CACI's partnerships with small businesses and universities further enhance its capabilities, enabling it to drive innovation and support the broader defense ecosystem.
Commitment to Workforce Excellence
With over 24,000 employees across 120 offices worldwide, CACI emphasizes a culture of innovation, integrity, and service. Many of its employees have prior military or government experience, ensuring a deep understanding of the missions they support. The company actively invests in workforce development through mentorship programs, employee resource groups, and career advancement opportunities. Its Veterans Employee Resource Group (VERG) exemplifies CACI's dedication to supporting military-affiliated employees and fostering an inclusive workplace.
Values and Vision
CACI is driven by a commitment to delivering distinctive expertise and differentiated technology. Its long-standing reputation for innovation, excellence, and good character has earned it recognition as a Fortune World's Most Admired Company. By aligning its mission with the critical needs of its government clients, CACI continues to play a pivotal role in strengthening national security and enabling government transformation.
CACI International Inc (NYSE: CACI) reported fiscal Q3 results for the period ending March 31, 2023. The company achieved revenues of $1.7 billion, marking a 10% YoY growth. Net income reached $100.7 million, equivalent to a diluted EPS of $4.33. Adjusted net income was $114.5 million with an adjusted diluted EPS of $4.92. CACI also reported an adjusted EBITDA of $191.8 million and an adjusted EBITDA margin of 11.0%. Notably, CACI raised its fiscal year 2023 guidance for revenue and adjusted earnings based on strong year-to-date performance. The backlog increased to $25.3 billion, up 8% YoY, with contract awards in Q3 totaling $1.1 billion. Highlights included a $100 million contract extension with the Air Force.
CACI International Inc (NYSE: CACI) is set to release its financial results for the fiscal 2023 third quarter after market close on April 26, 2023. A conference call with the company's senior management will follow on April 27, 2023, at 8:00 am Eastern Time, where they will discuss the results and participate in a question-and-answer session.
Investors can access the live call and related materials on CACI's investor relations website. The company emphasizes its commitment to delivering strong shareholder value, with approximately 22,000 employees dedicated to addressing complex enterprise and mission challenges.
CACI International Inc (NYSE:CACI) hosted a booth at the Navy League's Sea Air Space STEM Expo on April 2, where children participated in a "Candy Drop" experiment. This engaging activity allowed kids to innovate by creating solutions to protect a candy cane dropped from six feet. CACI's participation highlights its commitment to promoting STEM education, as this marks its third year sponsoring the event. Through its CACI Cares philanthropy program, the company aims to inspire young minds to pursue careers in STEM while tackling national security challenges. CACI positions itself as a leader in providing technology and expertise for critical missions.
CACI International Inc (NYSE:CACI) has strengthened its community involvement through a partnership with Friends of Family Services, assisting military families at Hanscom Air Force Base, Massachusetts. This initiative, part of CACI Cares, provides essential services such as Thanksgiving dinners, holiday parties, and support items for families in transition. CACI’s contributions reflect its commitment to military families and have facilitated numerous community events since the partnership began in 2022. The organization’s director highlighted the importance of these services in easing the burdens faced by military families during relocations.
CACI International Inc (NYSE: CACI) announced its participation in the Raymond James & Associates 44th Annual Institutional Investors Conference on March 6, 2023, at 1:40 p.m. ET. The company's CFO, Jeff MacLauchlan, will host a 'fireside chat' during the event. A live audio webcast will be available on the CACI Investor Relations website, with a replay accessible for 30 days following the presentation. CACI is recognized as a Fortune World's Most Admired Company and is a member of several major indices, reflecting its strong shareholder value.
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