CACI International Inc CACI recently secured a contract worth $90 million to support Federal Emergency Management Agency’s (FEMA) National Public Warning System (NPWS.) – a nationwide alert and warning system, which delivers emergency information in times of a national crisis.
As per this contract, CACI will leverage its engineering, network and communications expertise to modernize NPWS services for cost efficiency and mission success. It aims to offer project management, operations and maintenance, testing of primary broadcast stations, resilience and network security during emergency situations. The strategic move by CACI is to bring in innovation and efficiency to FEMA’s National Public Warning System by enhancing and sustaining network infrastructure to ensure reliable National Emergency broadcast capabilities.
Over the years, the company has successfully provided support services to the U.S. forces. It is considered to be an expert in providing mission-critical training solutions, which simultaneously helps in maximizing efficiency of rapid prototyping and technology insertion operations for the customers.
Moving forward, CACI’s revenues are expected to benefit from the current contract. The company has a huge pipeline of new projects and continues to win deals at regular intervals. These contracts are key growth catalysts for the company.
Based in Arlington, VA, CACI 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. CACI’s system-integration skills and intelligence expertise consume a significant portion of the funds earmarked for the Department of Homeland Security, while creating systems that facilitate sharing of critical information among all intelligence agencies.
CACI currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the industry include Scientific Games Corporation SGMS carrying a Zacks Rank #1 (Strong Buy), along with Lionbridge Technologies Inc LIOX and LogMeIn, Inc LOGM, both carrying a Zacks Rank #2 (Buy).
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