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.
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IMPORTANCE 80
RELEVANCE 100