CACI International Inc
) recently secured a $21 million task order contract to support
data networks for the U.S. Army Product Director (PD)
Initialization, which provides data products to support network
operations and connectivity for the U.S Army.
The contract will entail CACI to provide business, logistics and
engineering services to the U.S. Army. The support services will
include research and engineering development, prototyping,
demonstrations and integration of products and software.
With the requisite support of CACI, the networking system will
be much more effective and automotive and the emerging network
interoperability technologies will enable the troops to fulfil
their missions safely. Also, the ongoing effort enhances tactical
communications among army units.
CACI has a large pipeline of new projects and continues to win
deals at regular intervals. These back-to-back contract wins are
the key catalysts driving success for the company. With this
contract, CACI is expected to expand in the C4ISR (command,
control, communications, computers, intelligence, surveillance, and
reconnaissance) market and augment its revenues. CACI's broad-based
C4ISR capabilities focus on quality and affordability with
Based in Arlington, VA, CACI delivers IT applications and
infrastructure to improve communications and secure the integrity
of information systems and networks, enhance data collection and
analysis, and increase efficiency and mission effectiveness.
CACI currently has a Zacks Rank #5 (Strong Sell). Other stocks
that look promising and are worth considering in the industry
), each carrying a Zacks Rank #1 (Strong Buy).
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