CACI Wins $1.5B Ceiling Contract With U.S. Central Command
CACI sits 47% above its 52-week low of $434.7.
Summary
CACI secured a contract with U.S. Central Command to enhance planning, analysis, information integration, and mission execution. The award has a $1.5 billion ceiling, with CACI expecting to book $1.2 billion of the total value. The contract runs for one year with four option periods, covering the Middle East, Central Asia, and parts of South Asia and Northeast Africa. This follows a series of recent wins, including a $500 million counter-drone IDIQ and a $308 million VA contract, reinforcing CACI's momentum in national security work. The expected $1.2 billion booking is material relative to the company's $9.6 billion fiscal 2026 revenue and adds to an already robust backlog.
At the time of this announcement, CACI was trading at $638.30 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $13.9B. The 52-week trading range was $434.70 to $683.50. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.