CACI International Inc.
) recently announced the securing of a contract from the Department
of Defense (DoD) and the Defense Logistics Agency (
) to provide support for creating a modernized IT system for
security clearance purposes.
As the DoD's largest logistics combat support agency, the DLA
offers worldwide logistics, acquisition, and technical support to
the military services along with several civilian agencies and
The contract is worth $39 million, and the nature of operation
being new to CACI, the contract offers ample scope for ameliorating
the company's Business System Solutions core capability. It has a
seven month base period and a nine month overlapping option.
The interminable cycle of securing successful contracts from the
US Defense and Army continues as this marks its third major
contract received in the last three months. On November 14, 2011,
CACI was awarded multiple U.S. Army contracts worth $273 million
and on November 10, 2011, it had received four contracts worth $69
million from the Defense Medical Logistics Standard Support
CACI recently declared its first quarter fiscal 2012 financial
results, whereby it recorded revenues of $924.4 million rising
10.8% year over year. Pro forma earnings rocketed to around $88.9
million increasing 33.2% year over year whereas pro forma diluted
adjusted EPS came in at $1.82 as compared with $1.37 in the
previous year period. The company received contracts worth $2.04
billion in that particular quarter out of which 40% came from new
ventures. Clearly the laudatory saga continues in this quarter.
Established in 1962 and headquartered in Arlington, Virginia,
CACI International Inc. offers professional and IT services for
defense, intelligence, homeland security, and IT modernization and
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