CACI International awarded Navy contract valued at up to $588 million over 5 years
By APThursday, 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.
Filed under: Corporate, Corporate News, Finance, Government
Tags: Arlington, Contracts And Orders, North America, United States, Virginia
Tags: Arlington, Contracts And Orders, North America, United States, Virginia
YOUR VIEW POINT