CACI Selected for Defense Contract - Analyst Blog
15 Gennaio 2013 - 12:20PM
Zacks
CACI International
Inc (CACI) 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.
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
effectiveness.
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 (CSC) also carries a
Zacks Rank #3 (Hold).
CACI INTL A (CACI): Free Stock Analysis Report
COMP SCIENCE (CSC): Free Stock Analysis Report
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