CACI Wins Spot on $981M Space Force Test and Training IDIQ
CACI sits 49% above its 52-week low of $434.7.
Summary
CACI has been selected as one of 15 awardees on the U.S. Space Force's NITE-STAR contract, a multiple-award IDIQ valued at up to $981 million over two five-year periods. The company will deliver technology to modernize test and training architectures for the National Space Test and Training Complex. This award adds to a strong run of recent contract wins, including a $500 million counter-drone IDIQ in July and a $308 million VA contract. While the IDIQ ceiling is shared among 15 vendors, the selection positions CACI to compete for task orders in a high-priority space domain. The company's fiscal 2026 revenue of $9.6 billion and robust backlog provide context for the significance of this new opportunity.
At the time of this announcement, CACI was trading at $649.34 on NYSE in the Technology sector, with a market capitalization of approximately $14.4B. 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 7 out of 10. Source: BusinessWire.