Recently,
CACI International Inc.
(
CACI
) declared that it has received a $36 million subcontract from
Lockheed Martin. Per the contract, the company will be engaged in
supporting the Department of Defense (DoD) Cyber Crime Center (DC3)
through providing cyber forensics and information technology
solutions. The contract includes one base year followed by four
option years.
Lockheed Martin and DoD will deploy CACI International's
specialized services including its advanced computer, audio-visual
forensic experts and software engineers to control and improve
their research and design forensic techniques, augment information
technology enterprise methods and strengthen cyber counter
intelligence analysis. With the contract, the company will be able
to extend its coverage in the developing cyberspace solutions
industry.
Management averred that CACI International through its enhanced
cyber solutions will be assisting Lockheed Martin to ramp up its
entire process of forensic analysis and enhance its cyberspace
operations. The company's state-of-the-art cyberspace solutions and
the urge to continuously re-innovate its field of expertise are
attributes that make CACI International the best option for the
contract.
Back-to-back contract wins are the key catalysts driving success
perennially for CACI International. Contract funding orders in the
fourth quarter of fiscal 2012 came in at $901.1 million, increasing
3.4% year over year and 12.6% sequentially. 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.
CACI International competes primarily in the government IT
services arena, which, like other government sectors, consists of
many competitors of various sizes. Its main competitors include:
CGI Group, Inc.
(
GIB
),
ManTech International Corporation
(
MANT
) and
Sapient Corp.
(
SAPE
), all of whom are strong rivals with their own particular
strengths.
The current Zacks Consensus Estimates for CACI International
Inc. are $1.50 and $6.63 for the first quarter of fiscal 2013 and
for the full year of fiscal 2013, respectively. The estimates
represent year-over-year growth of 6.79% for the first quarter of
fiscal 2013 and 11.67% for the full year of fiscal 2013. At present
we have a 'Neutral' recommendation on CACI International Inc. The
stock currently carries a Zacks #3 Rank, which translates into a
short-term rating of 'Hold'.
CACI INTL A (CACI): Free Stock Analysis Report
CGI GRP INC -A (GIB): Free Stock Analysis
Report
MANTECH INTL -A (MANT): Free Stock Analysis
Report
SAPIENT CORP (SAPE): Free Stock Analysis Report
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