CACI International Inc.
) declared the winning of two task orders from the U.S. Department
of Justice (DOJ) worth $72 million. Awarded by the Justice
Management Division and the Criminal Division under DOJ's $1.1
billion ITSS-4 contract vehicle, these contracts pertain to
providing operations support services to the two divisions of the
As per the first task order of $59 million, CACI International
shall provide service desk, engineering, IT infrastructure and data
center innovation and support services to the Justice Management
Division for a total period of five months (excluding five option
years). These solutions shall ameliorate efficiencies at an
inexpensive price for the DOJ.
The second task order of $13 million came from the Criminal
Division for deploying the company's office automation operations
support solutions for the same period as mentioned before. Specific
services that CACI International is required to provide under the
deal are service desk, operations and maintenance, and asset
CACI International's ongoing relationship with DOJ is of around
30 years and the present two awards mark the fourth and fifth,
respectively, under the ITSS-4 contract vehicle. The company's
increased expertise in providing technologically advanced solutions
at a cheaper cost has been the reason for such panegyrics over
time. Even though the current two task orders are new for the
company, its constant desire to innovate and rise above standards
expected is enough for DOJ to retain its confidence in CACI
International's state-of-the-art solutions.
The company seems to be fit enough to compete with its peers in
the industry for the time being. However, big players to remain
wary of include
The KEYW Holding Corporation
Forrester Research Inc.
The Zacks Consensus Estimates for the fourth quarter and fiscal
2012 stand at $1.46 per share and $5.83 per share, respectively. At
present we have a 'Neutral' recommendation on CACI International.
The stock carries a Zacks #3 Rank, which translates into a
short-term rating of 'Hold'.
CACI INTL A (CACI): Free Stock Analysis Report
FORRESTER RESH (FORR): Free Stock Analysis
KEYW HOLDING CP (KEYW): Free Stock Analysis
SYNTEL INC (SYNT): Free Stock Analysis Report
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