Home / Financial Report / Ken Asbury: CACI Sets Bookings, Backlog Records in 2Q

Ken Asbury: CACI Sets Bookings, Backlog Records in 2Q

Ken Asbury
Ken Asbury

CACI International (NYSE: CACI) has announced financial results for the second quarter of its 2015 fiscal year ended Dec. 31, 2014.

The Arlington, Va.-based government services contractor said its contract awards increased 162 percent to $1.88 billion from the prior year period and its total backlog as of Dec. 31, 2014 grew 29 percent to $9.8 billion, with $1.9 billion of that funded.

“We received record contract awards for the quarter, solid contract funding, and our backlog grew significantly, ” said Ken Asbury, CACI president and CEO.

“We also completed the substantial ramp-up associated with the significant growth of our background investigation work for the Office of Personnel Management, ” added Asbury, an inductee into Executive Mosaic’s Wash100 list for 2015.

CACI attributed its operating and net income figures in part to startup costs associated with the increase in background investigation work for OPM.

The company also said its $820 million purchase of Six3 Systems generated an additional 5 percent in earnings per share.

Check Also

CAE, ITility, ValidaTek Win Spots on $95M Air Force Advisory, Assistance Services IDIQ

CAE USA's mission solutions subsidiary, ITility and ValidaTek have won positions on a potential seven-year, $95M contract to provide advisory and assistance services to the U.S. Air Force.

USAID Awards 10 Spots on $2.5B SWIFT 5 Unrestricted Transition Support IDIQ

The U.S. Agency for International Development has awarded 10 companies positions on the unrestricted portion of a potential five-year, $2.5B contract to support U.S. foreign policy objectives by helping USAID’s office of transition initiatives advance democracy and stabilization efforts in countries facing political crises.