CACI International Inc
) recently announced that it was selected as one of the seven
primary contractors to provide battlespace awareness services for
the Space and Naval Warfare Systems Center (SSC) Atlantic. The
5-year contract is estimated at $899 million.
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Leveraging its selection as one of the prime contractors, CACI
International intends to expand its presence in the C4ISR
(command, control, communications, computers, intelligence,
surveillance, and reconnaissance) and cyber markets. With the
growing menace of cyber attacks, the demand for secured cyber
solutions has moved up considerably. This new contract fosters
significant growth for CACI International in the high-volume
C4ISR market and high-growth cyber market. It entails the company
to provide development, integration, testing of intelligence,
battlespace awareness and other services to the U.S Navy.
A leader in IT outsourcing for the U.S. federal government, CACI
International has ample exposure to the Department of Defense and
Department of Homeland Security budgets. CACI International's
system-integration skills and intelligence expertise consume a
significant portion of the funds earmarked for the Department of
Homeland Security while creating systems that will facilitate
sharing of critical information among all intelligence agencies.
Based in Arlington, Virginia, CACI International 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
CACI International is expected to release its fourth-quarter 2012
results on January 30, 2013. The Zacks Consensus Estimate for the
fourth quarter earnings is currently pegged at $1.64.
CACI International currently has a Zacks Rank #3 (Hold) and a
long-term Neutral recommendation. One of its competitors,
Computer Science Corporation
) also carries a Zacks Rank #3 (Hold).