CACI International Inc (NYSE: CACI) announced today that it has been awarded approximately $189 million in previously unannounced contracts with federal government clients in the Intelligence Community (IC). For these awards, CACI is delivering professional services and information technology solutions to intelligence organizations responsible for carrying out the nation's most vital and sensitive missions. These contracts were awarded in the second quarter of CACI's 2012 fiscal year, which ended December 31, 2011.
These awards highlight CACI's sustained commitment to the intelligence community's critical missions. CACI is providing a range of high-value services and innovative solutions in support of the intelligence cycle, including collection, analysis, information sharing, and advanced knowledge management. These contracts draw on and underscore CACI's deep expertise in the key areas of cyber intelligence, counterintelligence, geospatial intelligence, and signals intelligence.
CACI President of U.S. Operations Dan Allen said, "CACI's recent contract wins continue our momentum in growing our intelligence business, which is a foundational part of who we are as a company and now comprises 43 percent of our revenue. We are especially focused on providing our clients with the very best solutions to meet critical emerging needs in such areas as cyberspace and geospatial intelligence."
According to Paul Cofoni, CACI President and Chief Executive Officer, "CACI's investment in our intelligence services and solutions is increasing our market share and continues the opportunity to deliver meaningful support to our nation's most critical missions. These awards also reflect our strategy to diversify our intelligence work in a wide range of mission areas."
Source: CACI International Inc.
Date: Jan 23, 2012