CACI International Inc provides expertise and technology solutions through its subsidiaries in the United States, the United Kingdom, continental Europe, and internationally. It offers command, control, communications, and intelligence technology and networks; software-defined signals intelligence and electronic warfare solutions; and digital solutions such as enterprise and agency-unique applications, enterprise infrastructure, and business processes. The company also develops and deploys technologies for offensive and defensive operations, critical infrastructure defense, and information dominance against cyber threats; designs, implements, protects, and manages secure enterprise IT solutions for federal agencies; and develops differentiated technology across the radio-frequency spectrum for intelligence, surveillance, reconnaissance, and electronic warfare, including specialized photonics and waveforms for secure battlefield communications. Additionally, it provides mission and engineering support services, including platform integration, modernization and sustainment, system engineering, naval architecture, training and simulation, and logistics engineering; and technology, people, and systems that sense, process, and deliver information to and from space, along with protection of space assets using offensive and defensive capabilities. It also offers various IT services and proprietary data and software products for commercial and government customers. The company serves national security in the intelligence, defense, and federal civilian sectors. CACI International Inc was founded in 1962 and is headquartered in Reston, Virginia.
CACI wins new defense contracts, but acquisition debt weighs
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Q2 earnings beat and raised guidance CACI reported Q2 revenue of $2.71 billion and adjusted EPS of $8.91, both above estimates, and raised its fiscal 2027 EPS guidance to $33.41 at the midpoint, 8.4% above analyst expectations. This signals strong demand and profitability, pushing the stock up.
This is a new earnings report that directly boosts investor confidence and the stock price.
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New contract wins add to backlog CACI won several new contracts: a U.S. Space Force NITE-STAR award (up to $981 million), a $1.5 billion CENTCOM Apollo contract, and positions on Navy and DoD contracts worth up to $827.9 million and $275.9 million. These wins increase future revenue visibility and support the stock.
These are new contract awards that directly drive future revenue and investor optimism.
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Rising debt and interest costs from acquisitions CACI spent $2.64 billion on acquisitions in fiscal 2026, nearly doubling long-term debt to $4.85 billion and raising interest expense by 35.6%. This weighed on Q4 net income and EPS, which fell slightly, creating a counterweight to the positive contract news.
This is a new financial development that negatively impacts profitability and investor sentiment.
Q3 2026
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CACI wins big contracts, but debt from acquisitions weighs
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Major contract wins boost backlog CACI won several large contracts, including a $500M drone-defense deal, a $400M Oracle federal HR partnership, and Space Force's NITE-STAR worth up to $981M, improving future revenue visibility.
These wins are a key positive driver for the stock and new this period.
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Strong Q2 results and raised guidance CACI beat estimates with Q2 revenue of $2.71B and EPS of $8.91, prompting management to raise its full-year guidance, signaling confidence in continued growth.
Financial outperformance and raised outlook directly support the stock price.
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Acquisitions double debt, interest costs jump Acquisitions totaling $2.64B nearly doubled long-term debt to $4.85B and raised interest expense by 35.6%, weighing on Q4 net income and EPS.
This is a significant counterweight that pressures profitability and the stock.
News & notes movingCACI
United States
Defense & Geopolitical Fragmentation▲
CACI Wins Position on $827.9 Million Navy Contract, Shares Rise 3.2%
CACI International has been awarded a position on a potential nine-year, $827.9 million U.S. Navy contract to provide business management support services. Under the indefinite-delivery/indefinite-quantity contract, CACI is one of seven companies selected to supply those services to the deputy chief of naval operations for personnel, manpower and training and subordinate commands. Separately, CACI Inc.-Federal was selected alongside six other contractors for an estimated $275,957,259 indefinite-delivery/indefinite-quantity multiple-award contract from the U.S. Department of War. Shares of the defense, intelligence, and IT solutions provider jumped 3.2% in the afternoon session and were trading at $630.55, up from the previous close. The stock is up 17.3% since the beginning of the year and is trading close to its 52-week high of $680.08.
CACI · Demand · Positive CACI won a position on a $827.9M Navy business-management support contract and a separate $275.9M DoD contract, adding concrete government orders.
CACI Wins $1.50 Billion Apollo Award and Vantor Space Imaging Deal
CACI International announced a one-year plus four option periods US$1.50 billion-ceiling Apollo award to support U.S. Central Command, alongside being selected by Vantor to provide optical imaging payloads for its planned Vantor Pulse satellite fleet. The Apollo award strengthens near-term revenue visibility and fits a pattern of federal customers consolidating critical work with fewer providers on large, multi-year frameworks, though it does not remove risks around federal budget volatility and contract timing. CACI's narrative projects $12.2 billion revenue and $727.8 million earnings by 2029, requiring 8.3% yearly revenue growth and a roughly $192 million earnings increase from $535.8 million today. Some of the most optimistic analysts already expected CACI to reach about US$12.7 billion of revenue and US$862 million of earnings before this news. The company's forecasts yield a $724.50 fair value, a 16% upside to its current price.
Space Economy › Earth Observation & Geospatial Data ▲Demand
CACI · Demand · Positive CACI won a $1.50B-ceiling Apollo award to support U.S. Central Command, plus a Vantor optical imaging payload deal, boosting revenue visibility.
Vantor · Demand · Positive Vantor selected CACI to provide optical imaging payloads for its planned Vantor Pulse satellite fleet.
CACI Wins $1.5 Billion CENTCOM Contract After $9.6 Billion Fiscal Year
CACI International announced on September 16 that it received a new award, called Apollo, to support US Central Command's information advantage and irregular warfare missions, with a ceiling of $1.5 billion and roughly $1.2 billion expected to be booked. The award follows a fiscal year ended June 30 in which revenue reached $9.6 billion, up 10.9% from a year earlier, with 7.2% of that growth organic, while fourth-quarter revenue grew 17.6% year over year and 15.2% sequentially. Contract awards for the year totaled $10.2 billion, pushing total backlog to $32.0 billion and lifting funded backlog 28.6% to $5.4 billion, and management guided fiscal 2027 revenue to $10.65 billion to $10.85 billion with free cash flow of at least $900 million. That growth has come with a heavier balance sheet: CACI spent $2.64 billion on acquisitions in fiscal 2026, long-term debt nearly doubled to $4.85 billion from $2.85 billion largely tied to the ARKA acquisition, and interest expense rose 35.6% to $215.5 million, helping push fourth-quarter net income down 0.7% to $156.8 million and diluted earnings per share down 1.3% to $7.05. Fixed-price work made up 34.8% of fourth-quarter revenue, up from 26.9% a year earlier, shifting more execution risk onto CACI, while hedge fund ownership fell to 35 funds from 44 and short interest sat at 5.44% of float.
CACI International Beats Q4 Estimates, Issues Strong FY27 Guidance
CACI International reported fourth-quarter fiscal 2026 adjusted earnings of $8.91 per share, beating the Zacks Consensus Estimate of $7.26 by 22.7%, with revenues rising 17.6% year over year to $2.71 billion. The company also issued fiscal 2027 guidance for revenues between $10.65 billion and $10.85 billion and adjusted EPS between $32.96 and $33.86. Contract awards totaled $1.6 billion in the quarter, with total backlog reaching $32 billion, and EBITDA margin expanded to 13%. Management highlighted notable wins including a $308 million technology modernization contract with the Department of Veterans Affairs and classified awards exceeding $236 million. Following the report, estimates have trended downward, but CACI retains a Zacks Rank #2 (Buy).
CACI International has been selected to deliver technology for the U.S. Space Force under a multiple award contract valued at up to $981 million. CACI is one of 15 awardees under the Indefinite Delivery/Indefinite Quantity contract, which spans two five-year periods. Under the National Space Test and Training Complex Innovative Technology and Engineering – Space Test and Range contract, CACI will design, develop, and deploy tailored technologies across live, virtual, and constructive environments. The company will collaborate with U.S. Space Force OTTI and SYD 81 to strengthen and modernize test and training architectures.
CACI reported second quarter results that beat analyst estimates, driven by strong growth in its technology-focused defense and intelligence businesses. Revenue was $2.71 billion versus estimates of $2.69 billion, a 17.6% year-on-year increase, while adjusted EPS of $8.91 beat estimates of $7.23 by 23.2%. Adjusted EBITDA was $353.1 million versus $318.2 million expected, and the company issued adjusted EPS guidance for fiscal 2027 of $33.41 at the midpoint, 8.4% above analyst estimates. CEO John Mengucci highlighted the rapid deployment of counter-unmanned aerial systems, noting the SkyValor product moved from concept to deployment in 12 months and is seeing strong demand. Backlog stood at $32 billion, up 3.2% year over year.
CACI International reported fiscal second quarter 2026 revenue of $2.71 billion, beating analyst estimates by 0.7% and growing 17.6% year on year. Adjusted earnings per share came in at $8.91, surpassing consensus by 23.2%, while adjusted EBITDA of $353.1 million exceeded expectations by 11%. The company issued full-year revenue guidance of $10.75 billion at the midpoint, slightly above estimates, and provided fiscal 2027 adjusted EPS guidance of $33.41, beating analyst projections by 8.4%. Operating margin improved to 10% from 9% a year ago, and backlog rose 3.2% year on year to $32 billion.
CACI Partners with Oracle on $400 Million Federal HR Modernization Contract
CACI International will serve as one of Oracle's technology partners for the U.S. Office of Personnel Management's Federal Human Resources Information Technology Modernization contract. The 10-year contract is worth nearly $400 million and also includes Baker Tilly and Deloitte. CACI will help modernize and consolidate disparate federal human resource systems into a single, secure, cloud-based platform for federal civilian employees. The consolidation is expected to reduce taxpayer costs by more than 90 percent while improving efficiency, security, and service delivery. The platform will use Oracle Fusion HCM SaaS and include embedded artificial intelligence, standardized data exchange, and continuously updated privacy and security protections.
CACI has secured a three-year, $500 million IDIQ contract to provide counter-unmanned aircraft systems. The company's SkyValor drone defense platform was selected for the first task order supporting the Joint Interagency Task Force 401 Domestic Shield initiative. Under the initial task order, CACI will deliver SkyValor systems at strategic mission locations following successful operational evaluations. The contract allows JIATF-401 to procure CACI's tactical c-UAS systems over the three-year period to protect U.S. forces, borders and critical infrastructure from evolving drone threats.
CACI wins $113 million Navy contract to modernize Military Sealift Command business systems
CACI International has been awarded a five-year technology contract valued at up to $113 million by the U.S. Navy's Military Sealift Command to continue modernizing a portfolio of mission-critical business applications used by ashore personnel and the command's global fleet of approximately 140 civilian-crewed ships. Under the contract, CACI will deliver program management, engineering, software development, cloud and cybersecurity capabilities, integrating artificial intelligence, advanced analytics, and intelligent automation to streamline operations and enhance data-driven decision support. The work supports both government-owned vessels and associated command sites, aiming to reduce downtime and strengthen operational readiness.
CACI Schedules Conference Call for Fourth Quarter and Full Fiscal Year 2026 Results
CACI International will release its financial results for the fourth quarter and full fiscal year 2026 after the market closes on Wednesday, August 5, 2026, and will also issue detailed fiscal year 2027 guidance. The company will host a conference call the next morning, Thursday, August 6, at 8:00 a.m. Eastern time, where executive leaders will discuss the results and guidance, followed by a question-and-answer session. The call and accompanying exhibits will be available on CACI's Investor Relations site, and a replay will be posted on caci.com for one year.
CACI International has secured a $140.5 million contract ceiling increase from the U.S. Army to continue providing comprehensive forensic exploitation support. The added funding covers the remaining three years of an existing five-year contract with the Army's C5ISR Center. With this increase, the total contract value will be more than $560 million. The stock was down 2% premarket.
CACI · Demand · Positive CACI secured a $140.5M contract ceiling increase from the US Army for forensic exploitation support, indicating strong demand for its services.
CACI Names Tom Kirkland Executive Vice President of Electronic Warfare
CACI International has appointed Tom Kirkland as Executive Vice President of Electronic Warfare, where he will lead the company's Electronic Warfare line of business and serve on the executive leadership team. Kirkland rejoins CACI after more than five years at L3Harris Technologies, where he most recently served as President of Targeting and Sensor Systems. He previously held several leadership roles at CACI, including Vice President of Business Development and Chief Growth Officer for CACI Products. CACI President and CEO John Mengucci stated that electronic warfare is a critical growth area for the company and that Kirkland brings the experience and customer understanding needed to build on its momentum.
Zacks.com highlights CACI International, Globe Life, and Knight-Swift Transportation as sales growth picks
Zacks.com featured CACI International, Globe Life, and Knight-Swift Transportation Holdings as stocks with solid sales growth in a resilient market. CACI International's expected sales growth rate for fiscal 2027 is 10.6%, Globe Life's expected sales growth rate for 2026 is 6.3%, and Knight-Swift Transportation's sales are expected to rise 7.1% in 2026. All three stocks carry a Zacks Rank of 2. The article emphasizes that sales growth provides a reliable indicator of business momentum and can support stronger profitability through operating leverage.
CACI · Capital · Positive Highlighted as having strong expected sales growth (10.6% for FY2027) and a Zacks Rank of 2, indicating positive analyst sentiment.
GL · Capital · Positive Highlighted as having strong expected sales growth (6.3% for 2026) and a Zacks Rank of 2, indicating positive analyst sentiment.
KNX · Capital · Positive Highlighted as having strong expected sales growth (7.1% for 2026) and a Zacks Rank of 2, indicating positive analyst sentiment.
CACI International has appointed Dr. Dave Young as Executive Vice President and Chief Operating Officer. Young will report to President and CEO John Mengucci and serve on the executive leadership team. He most recently served as General Manager of National Security Space at Lockheed Martin, where he oversaw a business with approximately $7 billion in revenue last year and more than 10,000 employees. Young previously held senior roles at CAES, Lockheed Martin, and Northrop Grumman, and holds a Ph.D. in Aerospace Engineering from Georgia Tech.
Defense contractors post strong Q1 revenues but mixed guidance
The 13 defense contractors tracked by StockStory reported first-quarter revenues that beat analyst consensus estimates by 3.4%, though next-quarter revenue guidance came in 2.3% below expectations. CACI International posted revenue of $2.35 billion, up 8.5% year on year and in line with estimates, while Mercury Systems delivered the biggest beat with revenue of $235.8 million, topping forecasts by 14.2%. Lockheed Martin was the weakest performer, with revenue of $18.02 billion missing estimates by 0.9% and full-year guidance also falling short. Huntington Ingalls and Leidos both exceeded revenue expectations, but their shares have declined since reporting.
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