CACI International awarded Navy contract valued at up to $588 million over 5 years

By AP
Thursday, March 4, 2010

CACI International wins Navy deal worth up $588M

ARLINGTON, Va. — CACI International Inc., which provides information technology services to the government, said Thursday that it has been awarded a Navy contract worth up to $588 million over five years.

The new contract calls for CACI to enhance commuications and networking systems for the Space and Naval Warfare Systems Command’s command and control operations.

The contract has a three-year base, with two one-year option periods.

CACI shares rose 10 cents to $50.42 in trading Thursday afternoon. The shares have traded between $33.90 and $50.95 over the past year.

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