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CACI Reports Nearly 6% Q3 Revenue Hike, $1.6B in Contract Awards; John Mengucci Quoted

CACI International (NYSE: CACI) has posted $1.55 billion in revenue for its fiscal year 2021 third quarter ended March 31, a 5.9 percent increase from the prior-year period.

Total Q3 net income rose $49.4 percent year-over-year to $120.3 million and 60 percent of $1.6 billion in total single-award contract awards for the January-March period represented new business for the Arlington, Virginia-based government services provider.

During the past quarter, CACI also won positions on multiple-award contracts including a potential $700 million blanket purchase agreement for enterprise technology services to the Department of Homeland Security.

John Mengucci, president and CEO of CACI and two-time Wash100 winner, said the company focuses on helping customers to address information technology modernization and national security missions.

Mengucci added the firm’s long-term strategy involves product differentiation aimed at driving growth, deploying capital and creating value for shareholders.

 

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