CACI

CACI
source
Name	CACI International Inc
Type	Public
Traded as	NYSE: CACI
Industry	Information Technology, Professional Services
Founded	1962
Founder	Herb Karr and Harry Markowitz
Hq location	Reston, Virginia, United States
Key people	John S. Mengucci (President and CEO), Michael A. Daniels (Chairman)
Num employees	~22,000 (2023)
Revenue	US$6.7 billion (2023)
Website	caci.com

CACI. CACI International Inc is a prominent American multinational professional services and information technology company, primarily serving the national security and intelligence communities. Founded in 1962, it has grown through strategic acquisitions to become a major contractor for the United States Department of Defense, the Central Intelligence Agency, and other federal agencies. The company provides a wide array of expertise in areas including cybersecurity, enterprise IT, intelligence analysis, and systems integration, operating from its headquarters in Reston, Virginia.

History

The company was established in 1962 in Santa Monica, California by Herb Karr and Harry Markowitz, initially focusing on providing computer programming and systems analysis. Its early work involved developing simulation software for the United States Navy. A significant early project was the development of the SIMSCRIPT programming language. Throughout the 1970s and 1980s, the company expanded its government contracting work, supporting agencies like the United States Army and the National Security Agency. A major transformation began in the 1990s under the leadership of J.P. (Jack) London, who orchestrated numerous acquisitions, including the purchase of Bell Atlantic's federal systems division and the intelligence contractor Premier Technology Group. This period of consolidation positioned the company as a key player in the post-September 11 attacks security and intelligence surge, securing massive contracts for support in Operation Iraqi Freedom and Operation Enduring Freedom.

Services and operations

The company delivers a broad portfolio of services and solutions, primarily organized around national security missions. Its core offerings include advanced cybersecurity and cyber intelligence to protect critical networks from adversaries like China and Russia. It provides sophisticated intelligence analysis and operations support to agencies such as the Defense Intelligence Agency and the National Geospatial-Intelligence Agency. In enterprise IT, it designs and manages large-scale cloud infrastructure, data management systems, and C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance) solutions for the United States Department of the Army and the United States Air Force. Additional services encompass systems engineering, integration for major platforms, and comprehensive training and simulation for military personnel, often supporting commands like United States Special Operations Command and United States Strategic Command.

Corporate structure

The company operates as a publicly traded corporation on the New York Stock Exchange under the ticker symbol CACI. It is led by President and Chief Executive Officer John S. Mengucci, with former CEO Michael A. Daniels serving as Chairman of the Board of Directors. The organization is divided into several business groups focused on specific customer domains, such as Army, Intelligence, and Navy/Marine Corps. Its corporate headquarters are located in Reston, Virginia, within the Washington metropolitan area, placing it in close proximity to key federal customers. Major operational sites and offices are maintained across the United States and in strategic international locations like the United Kingdom and Germany to support global missions.

Controversies and legal issues

The company has been involved in several high-profile controversies, most notably its role in the Abu Ghraib torture and prisoner abuse scandal. Employees were implicated in the interrogation of detainees at the Abu Ghraib prison in Iraq, leading to widespread condemnation and multiple lawsuits, including a case brought by the American Civil Liberties Union that was ultimately dismissed. It has also faced allegations of improper contracting practices, including a 2020 settlement with the United States Department of Justice over claims it knowingly billed for unqualified labor on a contract for the United States Army. These incidents have periodically drawn scrutiny from members of United States Congress and watchdog groups like the Project On Government Oversight.

Financial performance

The company has demonstrated consistent financial growth, largely driven by long-term contracts with the United States federal government. For its 2023 fiscal year, it reported annual revenue of approximately $6.7 billion, with a significant portion derived from classified contracts. Its primary customers include the United States Department of Defense, the Intelligence Community, and homeland security agencies like the Department of Homeland Security. The company's financial strategy has heavily relied on strategic acquisitions to expand its capabilities and market share, with notable purchases including the defense IT divisions of L-3 Communications and the intelligence business of Mastodon Design. Its financial results are regularly reported to the U.S. Securities and Exchange Commission and analyzed by investment firms on Wall Street.

Category:Companies based in Virginia Category:Defense companies of the United States Category:Information technology companies of the United States