StockNews.AI
CACI
StockNews.AI
68 days

CACI Continues to Deliver Effective Mission Support to U.S. Africa Command

1. CACI awarded a $437 million contract for USAFRICOM support. 2. The contract spans seven years, improving mission assurance and force protection. 3. CACI's technology enhances USAFRICOM's operational efficiency. 4. CEO highlights CACI's expertise in complex security landscapes. 5. Long-standing excellence earned CACI a spot on Fortune's admired companies list.

4m saved
Insight
Article

FAQ

Why Bullish?

The significant contract award enhances revenue potential, similar to CACI's past successful contracts.

How important is it?

This contract solidifies CACI's role in defense, likely boosting investor confidence and stock performance.

Why Long Term?

The seven-year contract ensures sustained revenue growth and stability for CACI over time.

Related Companies

LMTGDNOCBA
RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it has been awarded a seven-year task order, which includes one base period, plus six option periods, with an estimated ceiling of $437 million for support to U.S. Africa Command’s (USAFRICOM) mission.We are uniquely equipped to support USAFRICOM in countering emerging threats.Share “CACI’s experienced, flexible, and responsive global workforce understands Africa's complex security landscape. We leverage the most innovative technologies and on-the-ground capabilities to significantly enhance USAFRICOM's ability to execute its critical mission,” said John Mengucci, CACI President and Chief Executive Officer. “We are uniquely equipped to support USAFRICOM in countering emerging threats, strengthening regional partnerships, and driving unparalleled efficiency and operational excellence.” CACI is renowned for delivering unrivaled expertise to address its customers’ most difficult challenges and requirements, leveraging its decades of mission knowledge coupled with cutting-edge practices and tools. Under this contract, CACI will continue improving force protection, mission assurance, and effective execution of theater strategy while also enhancing command relationships. About CACI At CACI International Inc (NYSE: CACI), our 25,000 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 500™ list of 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

Related News