CACI Steadily Grows Leadership In Emerging Security Missions (From Forbes)
Arlington, Virginia-based CACI International is making steady progress growing its footprint in the national security sector. Revenues and earnings have increased at double-digit annual rates over the last two decades, and 2020 saw record bookings for the firm. Although CACI is sometimes described as an IT and professional services enterprise, it is best viewed as a tech company. It works with virtually all of the national laboratories, and invests heavily in R&D. Its software-centric approach to emerging mission areas such as electronic-warfare convergence and counter-drone defenses enables it to turn on a dime, generating solutions much faster than would be possible using traditional hardware-based models. Last year the company’s concept for countering hostile drones managed to beat out 40 competing solutions to win a pivotal Army contract. At a time when the entire defense acquisition culture seems to be migrating towards software-defined capabilities, today’s CACI may be a harbinger of what the sector will look like in a decade. I have written a commentary for Forbes here.
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