Dr. Jack London, CACI’s (NYSE: CACI) chairman of the board, was inducted as a laureate into the Washington Business Hall of Fame at the organization’s annual gala last night.
According to the firm, “the honor is a lifetime achievement award for executives who have made a major impact on the Greater Washington Region by demonstrating business excellence, visionary, innovative leadership, and community involvement throughout their professional lives.”
Under London’s guidance, CACI grew from $1.6 million in revenue in 1972 to more than $3 billion today. The firm has also acquired approximately 50 companies via London’s merger’s and acquisitions program.
London focused on the people of CACI during his speech:
“We are proud of the work we do for our military in supporting America’s defense needs around the world, ” he said. “In business I know that people are everything. People with ‘great attitudes’ are vital. People of initiative and integrity are critical. After we hire these great people, we empower them to achieve their goals. Then we reward their achievements. This is CACI’s success formula.”
CACI CEO Paul Cofoni noted London’s ethical fiber as a key to his success in the market:
“All of us at CACI congratulate Jack London on his induction into such a vitally important organization as the Washington Business Hall of Fame, ” Cofoni said. “In the government contracting community, Jack’s name is synonymous with exceptional business acumen, high ethical standards, and an overriding sense of patriotism. We always try to bring these same qualities to the innovative support we provide our customers.”
