) recently received a $14-million, 18-month task order to provide
core development support on the Department of Veterans Affairs'
(VA) Virtual Lifetime Electronic Record program (VLER).
VLER will offer solutions to enhance interoperability by
consolidating electronic health and benefits records of armed
forces for exchange within the Veteran Affairs and to the
Department of Defense (DoD) and other federal agencies. This
methodology is very cost effective and the use of modular
technology to build Data Access Service (DAS) further enables
VLER to connect different systems in a much more effective
Leveraging its selection as one of the prime contractors under
the $91 million VLER contract, CACI International intends to
expand its presence in the ever-expanding healthcare market. This
new contract fosters significant growth opportunity for CACI
With its expertise and leadership position in healthcare systems,
CACI International enables medical facilities to efficiently
order and maintain medical supplies and equipment and at the same
time it helps servicemen to accurately access their health
CACI International has a large pipeline of new projects and
continues to win deals at regular intervals. The twin contract
wins are key catalysts that are likely to augment the company's
revenues. In addition, with the U.S. government as one of the
company's biggest clients, the business enjoys stability and a
steady revenue stream.
Based in Arlington, Va, 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 has a Zacks Rank #4 (Sell). Other stocks
that look promising and are worth considering in the industry
), carrying a Zacks Rank #1 (Strong Buy), and
), both carrying a Zacks Rank #2 ( Buy).
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