Executive Chairman and Chairman of the Board
After serving as CACI's President and Chief Executive Officer for 23 years, Dr. London stepped out of the CEO role to become Executive Chairman on July 1, 2007. In this position, he oversees strategic initiatives to ensure shareholder value, advance client missions, cultivate key client relationships, and monitor major financial transactions, including CACI's legacy mergers and acquisitions (M&A) program that Dr. London began in 1992. He has an established role as a public figure representing CACI to customers and the federal information technology (IT) industry. Dr. London's efforts also focus on the evolution and transformation of defense, intelligence, information technology, and network communications.
Under Dr. London's leadership, CACI has grown from a small professional services consulting firm to become a pacesetter in IT and communications solutions across markets throughout North America and Western Europe. CACI operations today are worldwide and global in nature. Dr. London is known today throughout the industry as the founder of the modern-day CACI.
Dr. London has written and published Our Good Name (Washington, DC: Regnery, 2008), documenting CACI's remarkable campaign to challenge the grossly distorted and exaggerated media reporting of the company's work in Iraq for the U.S. Army at AbuGhraib prison. Drawing from official government documents, sworn public testimony, and public records, Our Good Name sets the record straight and details how CACI succeeded in overcoming false allegations while meeting the urgent needs of a nation at war. He is also the author of the book, Character: the Ultimate Success Factor, which provides an insightful and practical demonstration of how character, expressed through attitudes, actions, and resilience, is the key to long-term success.
CACI has sustained its success in today's new economy in part through Dr. London's highly successful strategic acquisitions program. Since 1992, CACI has made more than 55 acquisitions that have strengthened its position in managed networks, information assurance, and the security and intelligence services markets. After the September 11, 2001 attacks on New York's World Trade Center and the Pentagon, CACI operations have taken the company even further into the intelligence and homeland security arenas.
In March 2002, Dr. London led CACI through its first equity offering (secondary offering) since CACI's initial public offering of 1968; the company issued a total of approximately 4.9 million shares of common stock, with gross proceeds of approximately $171 million. Moreover, throughout his career, Dr. London has overseen the company's bank financing and line of credit transactions, reflecting his experience as a senior corporate financial manager. In May 2004, Dr. London led CACI in raising a new revolving credit facility and institutional term loan, totaling $550 million, to purchase the Defense and Intelligence Group and related assets of American Management Systems, Incorporated. The acquisition positioned CACI as one of the largest, focused IT providers serving the defense and Intelligence Community markets, and the transaction was hailed as part of the "Hottest M&A Merger of the Year" by the Northern Virginia Technology Council. In May 2007, Dr. London led CACI's sale of $300 million in senior subordinated notes, adding convertible security to the company's capital structure for increased financial flexibility.
Under Dr. London's guidance, CACI has established premier centers of technical excellence to support its operations. These include its unique Vision & Solution Center, where clients can view and evaluate alternative IT solutions before committing to implementation, and CACI's Information Assurance Technology Center, a dedicated resource facility that provides a central laboratory for developing and testing a broad range of information assurance and security and cyber threat solutions.
Chairman of the Board since 1990, Dr. London first joined CACI as a program manager in 1972. He advanced to vice president in 1976, and by 1982 was a division president, managing CACI's extensive work in systems engineering, logistic sciences, and advanced information systems. Having been elected to CACI's Board of Directors in 1981, Dr. London was appointed President and Chief Executive Officer in 1984. As a "hands-on" CEO, he was the architect of CACI's operational turnaround in 1984-85 for both revenue and profit growth.
In 1990, Dr. London created CACI's "New Era" strategic vision and successfully transformed the company into a more sharply focused information technology organization for broader opportunities in the rapidly changing IT markets. In 1995, CACI achieved Dr. London's New Era objectives and set company records for revenue and profit. By 1997, Dr. London had begun the next level of transformation within CACI by repositioning the company to center stage in his vision of the "Network World." These moves, under Dr. London's direct guidance, led to CACI's rapid entrée into the information security and intelligence community arenas. Now Dr. London continues to guide CACI into the new millennium of the 21st century by evolving CACI's legacy distinctions into flexible new solutions with value-add application across today's expanding technology spectrum.
Dr. London is a graduate of the U.S. Naval Academy (1959) and the Naval Postgraduate School (1967), where he earned, respectively, a bachelor of science in naval engineering and a master of science in operations research. He holds a doctorate in business administration conferred "with distinction" from The George Washington University (1971).
During his 12 years of active duty as a regular officer (1959-1971) during the Cold War, Dr. London initially served as a naval aviator and carrier pilot, serving with U.S. Navy "hunter-killer" task forces arrayed against the Soviet Union's strategic nuclear submarine threat. He saw service in the Cuban Missile Crisis (the "thirteen days" of October and November of 1962), and his numerous at-sea deployments included the North Atlantic, the Mediterranean, and the Caribbean. He was with the airborne recovery team for Col. John Glenn's Mercury Program space flight in Friendship 7 in the Caribbean, on February 20, 1962, on the U.S.S. Randolph (CVS-15). Later, at the height of the Vietnam War, he served as Aide and Administrative Assistant to the Vice Chief of the Naval Material Command, Department of the Navy (1969-70). Dr. London left active duty in 1971 and joined the U.S. Navy Reserve, retiring as a captain in 1983, having served as commanding officer of aeronautical engineering units with the Naval Air Systems Command, Washington, D.C.
In 1987, Dr. London received the Alumni of the Year Award from The George Washington University's School of Government and Business Administration. In 1995, he was presented with the High Tech Entrepreneur Award from KPMG Peat Marwick. In 1996, he received the Alumni Achievement Award from The George Washington University. During CACI's 40th Anniversary Year celebration in 2001, Dr. London and CACI were recognized by the Newcomen Society of the United States as outstanding examples of the free-enterprise capitalist system in the U.S.A. In 2002, Dr. London received the Outstanding Corporate Growth Award for CACI from the Association for Corporate Growth, Washington D.C. chapter. Also in 2002, Dr. London was recognized by the Human Resources Leadership Awards of Greater Washington, in its annual awards program, through the establishment of its Ethics in Business Award named in his honor. In 2003, Dr. London received CEO of the Year Award from The George Washington University Executive MBA Program, was named Ernst & Young's Entrepreneur of the Year for Government IT Services, and received the John W. Dixon Award from the Association of the United States Army for outstanding contributions to America's defense.
In January 2004, Dr. London received the Albert Einstein Award for Technology Achievement in the Defense Fields, and in March 2004, he was named to Federal Computer Week's "Federal 100" list of IT leaders, receiving the publication's highest recognition, the Eagle Award, for superior contributions to the federal IT community. In November, Dr. London was recognized with both the Northern Virginia Technology Council's Earle C. Williams Leadership in Technology Award and the Arlington, Virginia Chamber of Commerce Technology Executive of the Year Award. London was also named Executive of the Year in 2005 at the Third Annual Greater Washington Government Contractor Awards. In 2007, he was awarded the U.S. Navy League's Fleet Admiral Chester W. Nimitz Award for his exemplary contributions to the enhancement of U.S. maritime strength and national security, and in 2008, Dr. London was honored by the Association for Corporate Growth National Capital chapter with its Lifetime Achievement Award, recognizing his leadership of CACI's growth and expansion. In 2009, Dr. London was named to the Bisnow 2009 Federal IT Power 50 and was the recipient of the inaugural Cornerstone of Freedom award from the Cincinnatus Foundation in recognition of his years of support to American history and civics education programs. Dr. London has been inducted into the Washington Business Hall of Fame (2010), the Arlington, Virginia Chamber of Commerce Business Hall of Fame (2011), and the Greater Washington Government Contractor Awards Hall of Fame (2012), all lifetime achievement awards honoring his major positive impact on the business and civic life of these communities. He was also inducted into the Naval Postgraduate School Hall of Fame (2011), honoring alumni who have made the greatest contributions to society, their nations, and the university. In 2013, Dr. London received the Reserve Officers Association's Nathan Hale Award for outstanding and dedicated individual service in the interest of national security, as well as the Naval Order of the U.S. Admiral of the Navy George Dewey Award, honoring his exceptional insight, persistent effort, and firm determination to continually advance the interests of the U.S. and its Sea Services. In 2014, he received the Corporate Leadership Award from the TechAmerica Foundation for his technology leadership, and the Semper Fidelis Award from the U.S. Marine Corps Scholarship Foundation in honor of his faithful service to the nation.
Dr. London serves on the Board of Directors of the U.S. Navy Memorial Foundation, the Naval Historical Foundation, Friends of the National WWII Memorial, the Senior Advisory Board of the Northern Virginia Technology Council, and CAUSE (Comfort for America's Uniformed Services), the "wounded warriors" support organization. He has served as a director of the U.S. Naval Institute and as a director and member of the Executive Committee of the Armed Forces Communications and Electronics Association. He has served on numerous other boards and foundations. Dr. London is also a member of the National Military Intelligence Association, the Intelligence and National Security Alliance, the Navy League, the U.S. Naval Institute, the Naval Order of the U.S.A., the American Legion, the Association of the U.S. Army (AUSA), and the Veterans of Foreign Wars.