GovConWire | February 25, 2020
John Mengucci, President and CEO of CACI, Receives First Wash100 Award From Jim Garrettson, CEO of Executive Mosaic
Jim Garrettson, founder and CEO of Executive Mosaic, presented John Mengucci, president and CEO of CACI International, his first Wash100 Award as a part of the 2020 selection on Friday.
Executive Mosaic recognizes Mengucci for growing the company’s revenue through valuable contract awards and tactful acquisitions, which has continued to advance the company’s influence in the sector. Mengucci was appointed to his current role in June 2019, succeeding six-time Wash100 Award winner Ken Asbury.
Since joining the company, Mengucci has led CACI through multiple contract awards, which has cemented the company’s influence within the federal government.
GovConWire | February 19, 2020
John Mengucci, President and CEO of CACI, Named to 2020 Wash100 for His Leadership in Securing Contract Awards and Closing on Strategic Acquisitions
Executive Mosaic is pleased to present John Mengucci, president and CEO of CACI International, as an inductee into the 2020 Wash100 Award for growing the company’s revenue through valuable contract awards and tactful acquisitions, which has continued to advance the company’s influence in the sector.
This marks Mengucci’s first Wash100 Award. Mengucci was appointed to his current role in June 2019, succeeding six-time Wash100 Award winner Ken Asbury. Since joining the company, Mengucci has led CACI through multiple contract awards, which has cemented the company’s influence within the federal government.
Most notably, Mengucci helped CACI secure a $1.9 billion contract from U.S. Customs and Border Protection in Nov. 2019. CACI will continue its efforts to modernize the mission-critical systems throughout the year.
ExecutiveBiz | February 19, 2020
DeEtte Gray, President of U.S. Operations for CACI International, Named to 2020 Wash100 for Improving Customer Service, Driving Cyber Education, IT Capabilities
Executive Mosaic is honored to present DeEtte Gray, president of U.S. operations for CACI International, as an inductee of the 2020 Wash100 Award for improving customer service, advancing information technology capabilities for the company’s clients and driving cybersecurity education programs.
This marks the fourth Wash100 Award win for Gray. She served Lockheed Martin for 13 years before joining BAE Systems in 2012. Gray received two Wash100 Award nominations for her efforts to advance cybersecurity training and information technology talent during her tenure with BAE. Gray joined CACIin May 2017 and has continued those missions heading into 2020.
Jane's Defence Industry | February 16, 2020
CACI eyes buying electronic warfare firms
CACI International is shopping for companies it could acquire to beef up its electronic warfare (EW) capabilities, according to an official at the US technology firm.
While CACI has already expanded its EW portfolio through several past acquisitions, it is looking to make additional purchases because EW technology is "ever evolving and very specialised", said Tom Mutryn, CACI's chief financial officer.
Mutryn made his comments on 13 February at investment firm Cowen and Company's 41st Annual Aerospace/Defense & Industrials Conference in New York City.
Past additions that have bolstered CACI's EW capabilities include Six3 Systems, acquired in 2013, and LGS Innovations and Mastodon Design, both acquired in 2019.
POLITICO | February 5, 2020
Morning Defense Making Moves
Former White House Deputy Chief of Staff Daniel Walsh has been tapped as senior vice president for CACI, where he will oversee the company’s strategy for expanding its defense and homeland security businesses.
Washington Technology | February 5, 2020
CACI hires former White House staffer
CACI International has hired former White House staffer Daniel Walsh as corporate strategic adviser and senior vice president.
He will support development of CACI’s national defense and homeland security business, as well as lend expertise on industry issues and client relationships, the company said Wednesday.
Walsh served in the White House under three different administrations and also had a 24-year Coast Guard career. He most recently was White House deputy chief of staff for operations and was responsible for security, technology, and military support for the president; plus day-to-day management of the White House, Executive Office, schedule and travel operations.
InsideDefense | February 5, 2020
CACI hires Walsh
CACI International said today it has named Daniel Walsh, a former White House deputy chief of staff, a corporate strategic adviser and senior vice president.
"In his new role with CACI, Mr. Walsh will help lead corporate efforts to enhance CACI's positioning in the national security market and thought leadership, provide insight and expertise on critical industry issues, and help grow and expand key client relationships," the company said. "He will bring increased value to our customers' enterprises and missions, drawing on his management experience in the White House, as a Congressional Liaison, and more than two decades with the U.S. Coast Guard."
CACI said Walsh has served as White House deputy chief of staff for operations, as well as director and deputy director of the White House Military Office and as a military aide. He spent 24 years in the Coast Guard.
Washington Business Journal | February 3, 2020
CACI's big tech contract investments are showing returns
Executives at CACI International Inc. (NYSE: CACI) positioned themselves to capitalize on the era of big federal tech contracts, and now they are seeing returns.
On last week’s second quarter conference call, CACI President and CEO John Mengucci said the Arlington company is building business on the government’s appetite for digital transformation and the long-term contracts that come with it.
“We’ve been talking for quite some time now about when does the organic growth show up,” Mengucci said. “At what point does it equal some of your peers and what time does it surpass it? If we look at [fiscal year] 2020, I’m really pleased and confident of the organic growth potential, because we have consistently won larger and longer-term business in the areas where customers are going to spend real dollars.”
Washington Technology | January 30, 2020
What is not in CACI's product play
CACI International’s emphasis on products as part of its broader service offerings has a large element of software and some specialized hardware that grew through last year’s acquisitions of LGS Innovations and Mastodon Design.
Not included on the hardware front in that push are the kind of physical platforms made by the largest aerospace-and-defense companies.
On CACI’s fiscal second quarter earnings call Thursday, CEO John Mengucci told investors that the company is instead focusing on digital capabilities that can augment those platforms instead of building them.
InsideDefense | January 30, 2020
CACI reports improved sales
CACI International said this week sales in its most recent quarter reached $1.4 billion, up 18% from the same three-month period a year earlier.
Quarterly profit hit $80 million, up almost 16% from the prior year.
The Associated Press | January 29, 2020
CACI International: Fiscal 2Q Earnings Snapshot
ARLINGTON, Va. (AP) _ CACI International Inc. (CACI) on Wednesday reported fiscal second-quarter earnings of $79.2 million.
The Arlington, Virginia-based company said it had profit of $3.11 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.78 per share.
Zack's | January 29, 2020
CACI International (CACI) Q2 Earnings and Revenues Beat Estimates
CACI International came out with quarterly earnings of $3.11 per share, beating the Zacks Consensus Estimate of $2.78 per share. This compares to earnings of $2.71 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 11.87%. A quarter ago, it was expected that this defense contractor would post earnings of $2.63 per share when it actually produced earnings of $2.66, delivering a surprise of 1.14%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Street Insider | January 29, 2020
CACI International (CACI) Tops Q2 EPS by 32c
CACI International (NYSE: CACI) reported Q2 EPS of $3.11, $0.32 better than the analyst estimate of $2.79. Revenue for the quarter came in at $1.4 billion versus the consensus estimate of $1.37 billion.
John Mengucci, CACI’s President and CEO, said, “CACI again delivered strong financial performance across the board. We grew revenue, including accelerating organic growth, and generated significant profitability and cash flow. Our success in winning business and executing on our growing backlog is driving increasing organic growth. As a result, we are raising our guidance for Fiscal Year 2020 and remain confident in our ability to deliver value to our customers and shareholders.”
Sees FY EPS of $11.91-$12.70, versus the consensus of $12.27. Sees FY revenue of $5.6-$5.8 billion, versus the consensus of $5.68 billion.
InsideDefense | January 28, 2020
CACI Hires Edwards
CACI International said this week it has named Marlin Edwards senior vice president for business development.
He "will help lead efforts to increase business for CACI’s mission expertise and technology offerings and help expand key client relationships by driving operational excellence and winning new contracts," the company said.
GovConWire | January 28, 2020
ManTech Vet Marlin Edwards Joins CACI as Business Dev't SVP
Marlin Edwards, a 15-year veteran of ManTech International (Nasdaq: MANT), has been appointed senior vice president for business development at CACI International (NYSE: CACI).
He will be responsible for helping grow CACI’s mission support and technology offerings in his new position, the company said Monday.
Edwards most recently served as SVP of business development, operations and support services at ManTech where he oversaw the company's projects with intelligence community customers.
Washington Technology | January 27, 2020
CACI adds Edwards to BD leadership team
CACI International has hired nearly three-decade defense sector veteran Marlin Edwards as senior vice president of business development, the company said Monday.
Edwards most recently spent 15 years at ManTech International as vice president of business development with responsibility for managing the intelligence community portfolio.
He also is a former systems acquisition officer with the Air Force, where he oversaw the development and employment of major defense and intelligence systems.