Shares of CACI have jumped 17% in the past year. Zacks Rank & Other Stocks to ConsiderĬACI currently carries a Zacks Rank #2 (Buy). The company ranked eighth among Information Technology Services companies worldwide. In March, Fortune magazine recognized CACI as one of the “world's most admired companies for 2023” for the sixth consecutive year. As of Mar 31, 2023, its total backlog was $25.3 billion. Such back-to-back wins are the key catalysts for the company, which boasts a large pipeline of new projects and wins deals at regular intervals. This will allow CACI to continue to enhance and modernize system capabilities with tools that enable warfighters to process and disseminate intelligence data.
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The company also clinched a $100 million contract extension to continue mission software development support for the Air Force Distributed Common Ground System program. Management secured several notable deals, including a $46 million single-award task order to provide mission expertise and analysis in science, technology, engineering and mathematics categories to support the Department of Defense and Intelligence Community. In the third quarter of fiscal 2023, CACI won contracts worth $1.1 billion. The reliability provided by CACI’s services makes it a preferred choice among contractors. QuoteĬACI has been winning a record number of deals for a while, reflecting its disciplined business development actions, consistent operational excellence and high customer satisfaction. price-consensus-chart | CACI International, Inc. Price and ConsensusĬACI International, Inc.
The latest move will enable Torchlight to advance its capabilities for real-time and enhanced decision-making across SOF challenges like irregular warfare. It uses predictive analytics to detect leading indicators of risk at scale and globally for SOF clients. Torchlight is a behavioral intelligence platform designed to predict emerging risk.
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