CACI Secures $62.5M Contract to Counter Narco-Terrorism
CACI International Inc (CACI) recently secured a $62.5 million contract to provide U.S. Central Command (:CENTCOM) in Afghanistan with counter narco-terrorism (:CNT) support.
CACI has already supported this program for five years and under this contract, it will provide support in areas such as program management, advisement, training, and logistics for both CENTCOM and its military and civilian partner agencies. This contract extends CACI’s work on CENTCOM’s counter narco-terrorism mission, which aims to combat terrorism and drug trafficking and protect the U.S. armed forces. The company’s experienced team of professionals with its expertise has developed metrics-driven solutions that ensure results for its customers.
Moving forward, CACI is expected to augment its revenues with the current contract. The company has a huge pipeline of new projects and continues to win deals at regular intervals. These contract wins are key growth catalysts for the company and further strengthen its presence in the Integrated Security Solutions market area.
Based in Arlington, VA, CACI 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’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 facilitate sharing of critical information among all intelligence agencies.
CACI currently has a Zacks Rank #3 (Hold). Other stocks worth considering in the industry include Carbonite, Inc (CARB), LogMeIn, Inc. (LOGM), carrying a Zacks Rank #1 (Strong Buy) and Computer Sciences Corporation. (CSC) with a Zacks Rank #2 (Buy).
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