CACI International Secures Task Order worth $22 Million

Zacks

CACI International Inc CACI recently announced a task order under the GSA Schedule 70 worth approximately $22 million to provide enterprise content management services for the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) – a federal law enforcement organization within the US Department of Justice.

Per this task order, CACI will provide agile software development, software systems maintenance, applications enhancement and legacy systems maintenance and data migration. It will support high-volume document imaging, firearms and explosives licensing, firearms tracing and warrant record processing.

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. Over the years, the company has successfully provided support services to the U.S. forces. 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 remains focused on the federal government marketplace and capturing more market share. The company intends to drive operational excellence by intensively focusing on its organic and inorganic growth strategy and strengthening its existing customer relationships while building newer ones. In addition, the company anticipates to significantly benefit from its cost-reduction program. CACI also remains focused on its strategy to grow in larger markets, drive operational excellence, and leverage mergers and acquisitions to further increase its market share and create long-term value for its shareholders to fend off competition from other players in the industry like Scientific Games Corporation SGMS, Lionbridge Technologies Inc LIOX and LogMeIn, Inc LOGM.

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