Recently announced,
CACI International Inc.
(
CACI
) declared that it has received a task order of $23 million from
the Naval Surface Warfare Center (NSWC) in Dahlgren. The company
shall provide its advanced technical and engineering solution
services to the Submarine Launched Ballistic Missile (SLBM) program
under this contract, which pertains to one base year followed by
two option years.
The contract given to CACI International is an extension of the
previously received SeaPort-e contract vehicle in 2004. Not only
will the company cater to deploying its logistics management and
engineering solutions, but will also provide its SETA support along
with software testing and TRIDENT submarine fire control support
solutions as per the agreement. These lifecycle support solutions
shall obviate errors and make the fire control platform flexible
and less time consuming for adaptations.
Other services entailed in the contract include Ship Submersible
Guided Nuclear (SSGN) program support solutions and information
assurance services to the Strategic and Weapons Control Systems (K)
Department and information technology solutions to the NSWC
Dahlgren's Corporate Development. Overall, CACI International shall
develop an easy-to-use and technologically advanced fire control
system platform for the Navy.
We believe that this noteworthy contract award is a result of
CACI International's approbatory goodwill and reputation.
Furthermore, its expertise in providing state-of-the-art
technological support and the urge to constantly re-innovate its
field of expertise are attributes that make CACI the best option
for the deal.
Contract wins have forever been the niche strength of CACI
International. On May 2, 2012, the company reported its third
fiscal quarter of 2012 financial results whereby contract funding
orders surged almost 7% annually to reach $800 million for the
quarter. Such laudatory advances make the company retain its
formidable position in the industry even at times when fiscal
scenario appears grim in the global economy.
However, the company should forever remain wary of a few
companies in the industry it pertains to. Big players in this
regard include
Carbonite Inc.
(
CARB
),
Syntel, Inc.
(
SYNT
) and
The KEYW Holding Corporation
(
KEYW
).
The company currently retains a Zacks #3 Rank, which translates
into a short-term 'Hold' rating. We also have a 'Neutral'
recommendation on the company's stock.
CACI INTL A (CACI): Free Stock Analysis Report
CARBONITE INC (CARB): Free Stock Analysis
Report
KEYW HOLDING CP (KEYW): Free Stock Analysis
Report
SYNTEL INC (SYNT): Free Stock Analysis Report
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