IT Services Provider CACI Bags Navy Contract With $1.2B Ceiling
Portfolio Pulse from Shivani Kumaresan
CACI International has secured a seven-year, $1.2 billion Spectral mission technology contract with the U.S. Navy's Naval Information Warfare Systems Command. The company will develop and deploy next-generation shipboard signals intelligence, electronic warfare, and information operations weapon systems.
June 21, 2023 | 2:06 pm
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CACI International has won a $1.2 billion contract with the U.S. Navy, potentially boosting its revenue and stock price.
CACI International has secured a significant $1.2 billion contract with the U.S. Navy, which will likely lead to increased revenue and a positive impact on its stock price. The contract is for seven years, providing a long-term revenue stream for the company. The news is highly relevant and important for investors in CACI, and the confidence in the analysis is high.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100