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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) announced its participation in the Cowen 43rd Annual Aerospace/Defense & Industrial Conference on February 10, 2022, at 8:30 a.m. ET. CACI's President and CEO, John Mengucci, will engage in a fireside chat during the event. Investors can access a live audio webcast via the CACI Investor Relations website, with a replay available for 30 days. CACI is known for its expertise and technology, employing approximately 22,000 people and recognized as a Fortune World's Most Admired Company.
CACI International has acquired ID Technologies for $225 million, enhancing its secure network modernization capabilities. The acquisition, closing on December 29, 2021, allows CACI to provide U.S. Government clients with advanced solutions compliant with NSA standards. This strategic move aims to bolster CACI's offerings for the Department of Defense and intelligence agencies, facilitating digital transformation and remote access. CEO John Mengucci emphasized the potential for increased end-user mobility and technology integration for national security.
CACI International reported fiscal Q2 2022 revenues of $1.5 billion, up 1.2% year-over-year, with net income at $90.3 million and diluted EPS of $3.83. Adjusted net income decreased 13.2% to $103.6 million, and adjusted diluted EPS dropped 6.4% to $4.39. The company secured $2.0 billion in contract awards, including $600 million in classified contracts. CACI's backlog grew 8% to $24.1 billion. Despite robust performance, declines in income from operations and cash flow were noted due to several factors, including higher interest expenses.
CACI International Inc has secured a five-year task order worth
CACI International Inc (NYSE: CACI) will announce its fiscal 2022 second quarter financial results on January 26, 2022, after market close. A conference call is scheduled for the following morning, January 27, 2022, at 8:30 AM ET, where senior management will discuss the results and conduct a Q&A session. CACI is recognized for delivering expertise and technology to government enterprises and has approximately 22,000 employees. The company continues to be included in major indices like the Fortune 500 and the S&P MidCap 400 Index.
CACI International Inc has completed its acquisition of SA Photonics, Inc., enhancing its capabilities in free-space optical communications. The acquisition will expand CACI's portfolio and allow it to tackle a broader market, including high-end manned flight and low-earth-orbit projects for the U.S. Space Force. With the addition of key facilities in California and Florida, CACI aims to deliver advanced photonics engineering solutions. The transaction solidifies CACI's position in the defense and aerospace sectors, reflecting strong growth potential.
CACI International Inc (NYSE: CACI) has formed a partnership with Yubico to enhance security for its mobile platforms. Under a memorandum of understanding, Yubico will exclusively provide its YubiKey 5 FIPS Series multi-factor authentication (MFA) products. This collaboration aims to support U.S. government missions by providing robust security against phishing attacks and ensuring secure communications. The YubiKey series is NSA-approved for Department of Defense use, designed to meet NIST guidelines for authentication, addressing rising data breach concerns.
CACI International announced that Board Member Susan Gordon received the prestigious William H. Webster Distinguished Service Award on December 1, 2021. Gordon, a former Principal Deputy Director of National Intelligence, was acknowledged for her substantial contributions to the Intelligence Community, including efforts to enhance integration and promote diversity. Gordon joined CACI's Board in 2020, bringing over 30 years of leadership experience. The award honors individuals who have made extraordinary contributions to the Intelligence Community, named after Judge William H. Webster, the only person to serve as both CIA and FBI Director.
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