CACI INTERNATIONAL CLA - CACI STOCK NEWS

CACI International Inc (NYSE: CACI) has been awarded a significant five-year task order valued at up to $314 million to provide engineering services and technology to the U.S. Navy Naval Undersea Warfare Center (NUWC). This contract falls under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract (MAC) vehicle.

Through the NUWC Engineering and Modernization Operations (NEMO) program, CACI will focus on developing, delivering, and training sailors in important areas including integration support, logistics, project management, cyber capabilities, and analysis. These efforts aim to enhance the Navy's ability to conduct new fleet exercises, test advanced capabilities, and assess vulnerabilities to mitigate cyber intrusion risks.

CACI's CEO, John Mengucci, emphasized the importance of modernizing sensors and ensuring secure interconnectivity to provide commanders with timely situational awareness and decision-making capabilities in the face of increasingly sophisticated and widespread threats.

CACI International Inc (NYSE: CACI) has been awarded a $273 million task order to continue providing intelligence expertise to the United States Central Command (USCENTCOM). The five-year contract, awarded through the U.S. Army Intelligence and Security Command (INSCOM), involves CACI's intelligence analysts assisting in safeguarding U.S. forces from foreign adversarial threats.

Under the Combined CENTCOM Competitive Task Order (C3TO), CACI will provide USCENTCOM with intelligence, security operations, all-source and identity intelligence, biometric-related analysis, and production supporting tasks. This ensures decision-makers have essential intelligence, surveillance, and reconnaissance (ISR) resources and actionable analysis.

CACI International Inc (NYSE:CACI) has announced its adoption of the National Contract Management Association's (NCMA) Contract Management Standard™ (CMS). This move reinforces CACI's commitment to excellence and innovation by ensuring its contract management professionals align with federal government standards. The company will use the NCMA American National Standard Institute Approved CMS as the foundation for hiring, career development, and training in contract management.

CACI Senior VP of Contracts and Subcontracts, Amanda Christian, emphasized that this alignment will transform their contract professionals into business leaders. The adoption is expected to enhance collaboration and communication with government partners. This aligns CACI with other CMS adopters, including the Department of Defense, civilian U.S. government agencies, industry peers, and higher education institutions.

CACI International Inc (NYSE: CACI) has announced a definitive agreement to acquire Azure Summit Technology for $1.275 billion in an all-cash transaction. This strategic acquisition aims to enhance CACI's capabilities in intelligence, surveillance, reconnaissance (ISR), electronic warfare (EW), and signals intelligence (SIGINT) across multiple domains and platforms.

The deal is expected to be immediately accretive across multiple financial metrics and includes a tax benefit with a present value of $194 million over 15 years. The effective consideration, net of the tax benefit, is $1.08 billion. The transaction is subject to regulatory approvals and is anticipated to close in the second quarter of fiscal year 2025.

CACI International Inc (NYSE: CACI) has announced a conference call scheduled for September 16 at 8:30 a.m. Eastern time to discuss a pending acquisition. The company's executive leadership will provide details about the acquisition and participate in a question-and-answer session. Investors and interested parties can access the call through CACI's Investor Relations website. For those unable to attend the live call, a replay will be available on caci.com for one year following the event. This announcement suggests a significant strategic move for CACI, potentially impacting its market position and future growth prospects.

CACI International Inc (NYSE:CACI) has been awarded its seventh Nunn-Perry Award by the Department of Defense (DoD) for excellence in the DoD Mentor Protégé Program. The award recognizes CACI's collaboration with EXPANSIA, a service-disabled, veteran-owned small business specializing in Agile software development and secure cloud infrastructures. Through this partnership, EXPANSIA has experienced 36% employee growth and has won over $33 million in DoD opportunities.

CACI's mentorship has strengthened EXPANSIA's business model and enabled them to bid from a prime position, benefiting both the warfighter and supporting small businesses in the federal marketplace. The collaboration, initiated in 2020, has focused on meeting U.S. Air Force program demands and addressing critical supply chain gaps through advanced and additive manufacturing.

CACI International Inc (NYSE:CACI) has been awarded its sixth Nunn-Perry Award by the Department of Defense (DoD) for excellence in the DoD Mentor Protégé Program. The award recognizes CACI's collaboration with Mayvin, a woman-owned small business management consulting firm. Through this partnership, Mayvin has integrated Agile methodologies, improved processes, and deployed rapid acquisition expertise for global logistics needs.

Since the Mentor-Protégé Agreement began in September 2021, Mayvin has expanded into five new federal customers, experienced a 132.5% employee growth, and increased revenue by over $40 million. The partnership has supported various Army and Joint programs, enhancing support for soldiers and joint warfighters across major DoD commands, special operations units, and threat reduction support units.

CACI International Inc (NYSE: CACI) has been awarded an $80 million task order to provide engineering support services to the U.S. Navy Naval Surface Warfare Center (NSWC) Corona Division. The five-year contract, known as the Acquisition Readiness & Performance Assessment (ARPA) Engineering Support Services task order, involves conducting performance, readiness, and reliability assessments for fleet systems, including weapons, combat systems, and C4I capabilities.

CACI's expertise will ensure that surface ships, submarines, and aircraft carriers maintain a high level of readiness and reliability. This contract underscores CACI's commitment to supporting the U.S. Navy's operational readiness in an era of increasing global conflicts.

CACI International Inc (NYSE: CACI) has been awarded two Nunn-Perry Awards for excellence in the Department of Defense (DoD) Mentor Protégé Program, marking their sixth and seventh consecutive wins since 2014. The awards recognize CACI's collaborations with EXPANSIA, a service-disabled veteran-owned small business, and Mayvin, a woman-owned small business management consulting firm.

Through these partnerships, CACI has helped EXPANSIA achieve 94% employee growth and win over $33 million in DoD opportunities. Mayvin expanded into five new federal customers, grew its employee headcount by 132.5%, and increased revenue by more than $40 million. CACI also partnered with Morgan State University to provide strategic planning and implementation services.