CACI International Inc. (CACI) recently procured a $212 million Blanket Purchase Agreement from the U.S. Department of Homeland Security (DHS) to provide Desktop Support Services to its Headquarters, the National Protection and Programs Directorate and the Science and Technology Directorate. The five-year term contract (one-year base period plus four optional ordering periods) signifies DHS’ confidence in CACI International’s ability to enhance its agency-wide IT services by improving the efficiency of systems and providing faster helpdesk response times.
According to the terms of the deal, CACI International will be entailed to offer agency-wide helpdesk support, end-user support, engineering, field support, and call center services to all the DHS employees to ensure that they have the requisite IT resources to perform their jobs effectively. The company has over 15 years of extensive experience to bank upon and aptly deliver on these services.
CACI International has a large pipeline of new projects and continues to win deals at regular intervals. These back-to-back contract wins are the key catalysts driving success perennially for the company. Furthermore, having the government as a big client lends stability to the business and moderates fluctuations in revenue.
Based in Arlington, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness.
A leader in IT outsourcing for the U.S. federal government, CACI International has ample exposure to the Department of Defense and DHS budgets. CACI International’s system-integration skills and intelligence expertise make up for a significant portion of the funds earmarked for the DHS while creating systems that facilitate sharing of critical information among all intelligence agencies.
CACI International currently has a Zacks Rank #1 (Strong Buy). Other stocks worth considering in the industry include Lockheed Martin Corporation (LMT), General Dynamics Corporation (GD) and NCI, Inc. (NCIT), each carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment