CACI International Inc
) announced that it has won $480 million-worth contracts from the
federal government clients in the Intelligence Community during
first quarter fiscal 2014. CACI International primarily focuses
on the high-volume intelligence market and this contract win
further boosts its share in that arena.
The scope of the contract entails CACI International to provide
software development and integration services to support
intelligence analysis, program management, technical analysis,
network operations and technical collection.
CACI International supports several agencies and delivers
capabilities in sensitive domains like cyberspace and
healthcare. With this contract, CACI international gets an
opportunity to help improve the nation's security and protect it
from potential threats. With approximately half-a-billion dollars
worth of contracts, CACI International's intelligence business is
likely to augment its organic growth.
CACI International intends to drive operational excellence by
emphasizing its organic and inorganic growth strategy. The
company has a large pipeline of projects and continues to win
deals at regular intervals. The contract wins are key catalysts
that are likely to increase the company's revenues. In addition,
with the U.S. government as one of the company's biggest clients,
there is a relative stability to the business with a steady
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 currently has a Zacks Rank #4 (Sell). Other
stocks that look promising and are worth considering in the
), carrying a Zacks Rank #1 (Strong Buy), and
CGI Group, Inc.
), both carrying a Zacks Rank #2 ( Buy).
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