CACI Internationals Navy Contract - Analyst Blog
30 Maggio 2012 - 1:00PM
Zacks
Recently announced, CACI
International Inc. (CACI) declared that it has received a
task order of $23 million from the Naval Surface Warfare Center
(NSWC) in Dahlgren. The company shall provide its advanced
technical and engineering solution services to the Submarine
Launched Ballistic Missile (SLBM) program under this contract,
which pertains to one base year followed by two option
years.
The contract given to CACI
International is an extension of the previously received SeaPort-e
contract vehicle in 2004. Not only will the company cater to
deploying its logistics management and engineering solutions, but
will also provide its SETA support along with software testing and
TRIDENT submarine fire control support solutions as per the
agreement. These lifecycle support solutions shall obviate errors
and make the fire control platform flexible and less time consuming
for adaptations.
Other services entailed in the
contract include Ship Submersible Guided Nuclear (SSGN) program
support solutions and information assurance services to the
Strategic and Weapons Control Systems (K) Department and
information technology solutions to the NSWC Dahlgren’s Corporate
Development. Overall, CACI International shall develop an
easy-to-use and technologically advanced fire control system
platform for the Navy.
We believe that this noteworthy
contract award is a result of CACI International’s approbatory
goodwill and reputation. Furthermore, its expertise in providing
state-of-the-art technological support and the urge to constantly
re-innovate its field of expertise are attributes that make CACI
the best option for the deal.
Contract wins have forever been the
niche strength of CACI International. On May 2, 2012, the company
reported its third fiscal quarter of 2012 financial results whereby
contract funding orders surged almost 7% annually to reach $800
million for the quarter. 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.
However, the company should forever
remain wary of a few companies in the industry it pertains to. Big
players in this regard include Carbonite Inc.
(CARB), Syntel, Inc. (SYNT) and The KEYW
Holding Corporation (KEYW).
The company currently retains a
Zacks #3 Rank, which translates into a short-term ‘Hold’ rating. We
also have a ‘Neutral’ recommendation on the company’s stock.
CACI INTL A (CACI): Free Stock Analysis Report
CARBONITE INC (CARB): Free Stock Analysis Report
KEYW HOLDING CP (KEYW): Free Stock Analysis Report
SYNTEL INC (SYNT): Free Stock Analysis Report
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