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RESTON, Va. - CACI International Inc (NYSE:CACI), a defense contractor with annual revenue exceeding $8.6 billion and strong financial health according to InvestingPro metrics, has been awarded a five-year contract worth over $73 million to continue modernizing the Department of the Air Force’s network for transmitting tactical and strategic intelligence data across multiple domains.
The contract focuses on the Integrated Broadcast Services-Network Services (IBS-NS) system, which is designed to ensure secure and timely situational awareness for military operations. According to a company press release, CACI will implement software-defined technology to deliver a secure system handling more than 500 interface data exchange requirements.
The network enhancements will enable Air Force personnel to process information at various classification levels while maintaining the necessary security protocols for sensitive intelligence data.
"At the tactical edge, warfighters need near-real-time, properly vetted military intelligence to improve situational awareness, make critical decisions, and ensure successful mission outcomes," said John Mengucci, CACI President and Chief Executive Officer, in the statement.
The modernized system will support intelligence sharing across air, ground, and space domains for both the Department of Defense and allied forces.
CACI International, headquartered in Reston, Virginia, employs approximately 25,000 people and is listed on the New York Stock Exchange. The company is included in the Fortune 500 list, the Russell 1000 Index, and the S&P MidCap 400 Index.
In other recent news, CACI International Inc has secured a significant five-year task order valued at up to $180 million to enhance network operations for the Air Force’s Pacific Air Forces. This contract aims to modernize the Air Force’s IT infrastructure, focusing on secure and stable network operations. Additionally, CACI announced two contracts with the Canadian Armed Forces, worth approximately $124 million, to provide tactical vehicle platforms for drone protection. These contracts will support the Canadian military for up to ten years. In the realm of stock analysis, Goldman Sachs upgraded CACI International’s stock rating from Sell to Buy, raising the price target substantially due to the company’s strong positioning in the defense sector. Meanwhile, Raymond James reiterated its Market Perform rating on CACI following the company’s fourth-quarter results and 2026 guidance, noting that the results aligned with revenue forecasts. CACI’s focus on national security was highlighted as a continuing strength. These developments reflect CACI’s ongoing strategic engagements and financial performance.
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