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RESTON, Va. – CACI International Inc (NYSE: CACI), a $9.4 billion market cap company with a "GOOD" financial health rating according to InvestingPro, has secured contracts worth approximately $638 million with the intelligence community, the company announced earlier today. These contracts are intended to bolster national security efforts, leveraging CACI’s extensive experience in the field.
John Mengucci, President and CEO of CACI, highlighted the company’s deep mission knowledge and decades-long commitment to the intelligence community’s objectives. According to Mengucci, this expertise is crucial for delivering effective outcomes and maintaining focus on success amid an evolving threat landscape. The company’s strong execution is reflected in its impressive 14.2% revenue growth over the last twelve months.[Want deeper insights? InvestingPro subscribers get access to 8 additional ProTips and comprehensive financial analysis for CACI.]
CACI is known for providing round-the-clock solutions to meet critical requirements and address complex challenges. The company’s role as a trusted partner to intelligence and defense agencies involves applying its expertise and advanced methodologies to support analysts and operators worldwide in safeguarding national security.
Employing over 25,000 individuals, CACI prides itself on a culture of good character, innovation, and excellence, which has earned it recognition as a Fortune World’s Most Admired Company. It is also listed among the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index.
The press release also contains forward-looking statements that are subject to various factors that could cause actual results to differ from expected outcomes. CACI cautions that these statements should not be overly relied upon and are relevant only as of the date of the release. The potential risks and uncertainties that might affect the company’s performance are detailed in its filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2024.
This announcement is based on a press release statement from CACI International Inc.
In other recent news, CACI International Inc. reported its third-quarter fiscal year 2025 earnings, surpassing expectations with an adjusted diluted EPS of $6.23, compared to the forecast of $5.6. The company also achieved revenue of $2.2 billion, exceeding the anticipated $2.13 billion. CACI has raised its fiscal year 2025 guidance for both revenue and adjusted EPS, reflecting strong demand in national security sectors. In another development, CACI has increased its senior notes offering to $1 billion, up from the initial $750 million, with the proceeds aimed at reducing debt under its revolving credit facility. Cantor Fitzgerald has maintained an Overweight rating on CACI, with a $535 price target, citing the company’s robust bookings as a mitigating factor against potential downturns. CACI’s recent financial moves, including the upsizing of its notes offering and strong earnings performance, indicate a strategic focus on managing debt and capitalizing on market demand. The company continues to be recognized for its innovative solutions and maintains a strong presence in the defense and IT sectors.
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