CACI’s Paul Cofoni: ‘We’ve Reenergized’
The treacherous economy that slowed down activity in the government contracting marketplace is now apparently swinging back. According to the Washington Post, firm and analysts are seeing the increase as the light at the end of the unstable-capital-market-in-government-contracting tunnel. Companies like CACI International and Boeing are enjoying acquisition activities after an overall downturn in acquisition [...]
Lockheed Banks Half-Billion Dollar Deal; CACI, BAE Ink Contracts
According to the Department of Defense, “Lockheed Martin (NYSE: LMT) is being awarded an advance acquisition contract with an estimated value of $522,200,000 to provide for long-lead efforts and materials associated with the production and delivery of 42 low-rate initial production Lot V F-35 Joint Strike Fighter aircraft. This contract provides for 22 conventional take [...]
Paul Cofoni Talks Cyber: ‘It’s a Hard Sell’
CACI (NYSE: CACI) President and CEO Paul Cofoni sees cyber threats on three levels: cyber theft, third-party nation threat, and the cyber-terrorist threat. There will be a focus of resources on these areas, Cofoni told CNBC’s “Fast Money”. When asked about the reason companies invest in protecting themselves against cyber threats, Confoni said, “It’s a [...]
Friday’s Featured Job: Business System Solutions Senior Principal at CACI
Duties and Responsibilities: As a Senior Principal in CACI’s growing Business System Solutions (BSS) organization the desired candidate will provide dynamic business process, business process re-engineering, and change management consulting within CACI’s Oracle Business Applications practice supporting a key Federal Financial Management project in a public sector environment. The desired candidate will provide comprehensive thought [...]
Paul Cofoni on CACI’s FY 2011 Guidance
CACI (NYSE: CACI) released the following statement regarding the firm’s 2011 guidance: “For FY11, we expect revenue to range from $3.25 billion to $3.40 billion, an increase of 5 to 10 percent above the midpoint of FY10 revenue guidance. We expect net income to range from $116 million to $122 million, an increase of 10 [...]
CACI Launches New Common Shares Repurchase Program, Paul Cofoni Comments
CACI International Inc (NYSE: CACI) is moving to repurchase up to one million shares of the firm’s common stock where the total expenditure for the purchase of the shares under this repurchase program does not exceed $50,000,000. “Today’s announcement illustrates our confidence in our corporate strategy, our long-term growth prospects and our proven ability to generate [...]
CACI’s Jack London Named Induction Laureate at 2010 Washington Business Hall of Fame
CACI International, Inc. (NYSE: CACI) announced today that Chairman of the Board, Dr. Jack London, has been chosen for induction as a laureate in the Washington Business Hall of Fame. The award honors individuals who have made a significant impact on the Greater Washington Region through their business excellence, leadership, and community involvement. The annual [...]
Paul Cofoni, Bill Fairl on CACI’s Share of Billion-Dollar USSOCOM Deal
CACI (NYSE:CACI) has been awarded one of four prime contracts to support the United States Special Operations Command’s (USSOCOM) Global Battlestaff and Program Support (GBPS) effort. According to the firm, the indefinite delivery/indefinite quantity contract has a ceiling value of $1.5 billion and a period of performance that consists of a three-year base period and [...]
CACI, General Dynamics Win Navy Contracts
According to the Department of Defense, “CACI (NYSE: CACI) was awarded May 10 a $28,864,223 modification to a previously awarded cost-plus-fixed-fee contract (N00421-06-C-0074) to provide for additional technical and engineering services in support of the Naval Air Warfare Center Aircraft Division’s Special Communications Requirements Division. The estimated level of effort for this modification is 336,000 [...]
CACI’s Paul Cofoni: Beltway Game Changer
CACI CEO Paul Cofoni has been named to ExecutiveBiz’s third annual Beltway Game Changers list: “In the midst of that sobering reality, Cofoni has continued to focus CACI’s resources on helping government customers preserve, what he calls, “the freedom and liberty of our nation’s citizens.” That focus has translated into solid growth in the company’s [...]
