CACI International

Financials are in U.S. dollars. Fiscal 2026 ended June 30, 2026 and is the latest full-year, trailing-twelve-month period. Reviewed 13-SEP-2026. Share count is the proxy record-date count, not diluted weighted-average shares. [1] [6]

A dated official closing print was not independently verified. Static share price, market capitalization, 52-week range and valuation multiples are therefore unavailable here. The issuer-hosted market feed was reviewed but contains inconsistent fundamental fields. TradingView supplies the separate market layer above; neither widget changes this editorial snapshot. [23]

Operating margin equals operating income divided by revenue. CACI does not present a separate gross-profit subtotal in its consolidated income statement. Revenue less direct costs is not a comparable all-in gross margin because indirect costs, selling expenses and depreciation remain. GAAP means generally accepted accounting principles. Company-defined free cash flow excludes the effect of its Master Accounts Receivable Purchase Agreement and deducts capital expenditures; it is not GAAP operating cash flow less capital expenditures. [1] [2]

Balance sheet: debt carrying value was $4.902 billion, including the current portion, against $191.8 million of cash at June 30. Funded backlog was $5.4 billion of the $32.0 billion total. The remainder includes unfunded work and unexercised options. Backlog excludes potential task orders under multi-award vehicles until awarded. [1]

Legal entity: CACI International Inc. The profile covers the consolidated parent and its controlled subsidiaries. CACI Limited is its UK subsidiary, not the listed security. Primary trading venue: New York Stock Exchange. No secondary listing or depositary receipt is used in the financial snapshot. ISIN and legal entity identifier are omitted because they were not independently verified from a primary record. [1] [7]

CACI builds and operates the systems that help governments collect intelligence, protect networks, communicate and run complex missions. Its work ranges from electronic-warfare equipment and optical space links to classified analysis, financial-management software and enterprise information technology (IT). [1]

The company describes its offerings as Technology, including software and specialized hardware, and Expertise, including skilled personnel supporting customer missions. Those are offering categories. Its financial reporting segments remain Domestic Operations and International Operations. Technology represented 58.4% of fiscal 2026 revenue. [1]

For Defense Briefing readers, the distinction matters: CACI can participate in a satellite network through a sensor, communications terminal or ground-processing system without building the satellite itself. It can also supply the software, intelligence support and trained workforce that keep the mission operating. [1]

Electronic warfare and counter-drone systems

Electronic warfare (EW) uses the electromagnetic spectrum to detect, protect against or disrupt an opponent. CACI develops radio-frequency sensing, signals intelligence and software-defined EW equipment. Azure Summit, acquired in 2024, extended its airborne and maritime offerings. [1] [16]

The Army’s Terrestrial Layer System Brigade Combat Team Manpack, or TLS BCT Manpack, supports dismounted soldiers. CACI’s new Rochester facility supports production, testing and delivery. Its opening establishes manufacturing space, not a verified annual output rate. SkyValor is a separate counter-drone system: CACI announced a southern-border deployment award following an operational evaluation at Marine Corps Air Station Yuma. Public unit quantities and award value were not disclosed in that announcement. [15] [13]

Optical communications and space sensing

Optical communications terminals transmit data using laser links. CACI reported advancing to Phase 3 of the Space Force’s Enterprise Space Terminal program in May 2026 after design review and interoperability tests. The next work includes a proto-flight terminal and further testing. This is a development milestone, not proof of a fleet-wide operational deployment. [14]

ARKA adds space-domain technology, including sensing and ground-processing capabilities, to the broader portfolio. CACI completed the acquisition on March 9, 2026. Its NITE-STAR participation creates an opportunity to compete for test-and-training task orders. [1] [9]

Cyber, intelligence and mission support

CACI supports defensive and offensive cyber missions, intelligence production, network exploitation, engineering, logistics and training. Classified work limits the public visibility of individual customers, program scope and technical performance. [1]

Digital systems and enterprise IT

CACI modernizes government applications, networks and business processes. Current examples include Veterans Affairs accounting and acquisition systems and the Navy’s Military Sealift Command business applications. These contracts support everyday institutional operations as well as military readiness. [10] [12]

Dates above are public announcement dates, not assumed contract-signature dates. Except where the government source identifies the contracting entity, CACI’s releases identify the group rather than the precise legal awardee. No ceiling, option or partner contract is counted as cash received. The Army modification’s funded increment was not disclosed. [11] [8]

Context: Defense Briefing’s NITE-STAR explainer examines what the shared vehicle can buy.

The filing labels the first group Department of War (DoW). Intelligence community revenue is reported separately, so the two categories should not be double-counted. Domestic Operations produced $9.260 billion; International Operations produced $307.5 million. [1]

Growth has both organic and acquired components. Full-year revenue rose 10.9%, including 7.2% organic growth. Technology revenue rose 16.9% to $5.583 billion while Expertise revenue rose 3.5% to $3.985 billion. ARKA and Datalynx contributed $166.8 million of combined post-acquisition revenue in fiscal 2026; that is not ARKA’s standalone annual revenue. [1] [2]

Quarterly figures reconcile to fiscal 2026 revenue of $9.568 billion. The fourth-quarter growth figure, not full-year growth, is used in the snapshot’s Rev Growth YoY tile. [3] [4] [5] [2]

Evidence supporting the thesis: technology is a growing share of revenue, organic growth remains positive and funded backlog increased to $5.4 billion. Counterevidence: total backlog rose only 1.9%, and fourth-quarter awards of $1.644 billion were below quarterly revenue of $2.709 billion. One quarter is not a trend, but award conversion deserves attention. [1] [2]

Fiscal 2027 watch: delivery against the August guidance, ARKA integration, debt balances and follow-on work for optical terminals and EW systems. A full year of acquired operations will affect reported growth; organic growth should be evaluated separately. Higher revenue alone will not establish that the acquisition earned an adequate return. [1] [2]

The next earnings date was not confirmed in the reviewed issuer calendar. This profile provides business analysis, not a buy, sell or hold recommendation. [24]

Defense Briefing comparison: CACI competes across multiple markets, so no single peer captures its mix. The 10-K identifies traditional contractors, newer technology entrants and customers performing work in-house as competitive pressures. [1]

Defense Briefing analysis: CACI’s potential advantages combine customer knowledge, cleared personnel, embedded systems and specialized intellectual property. These mechanisms can make replacement costly or slow. They do not eliminate competitive rebids or government termination rights. [1]

A long-running system can favor the incumbent because a replacement team must understand the software, data and mission procedures. Specialized hardware adds qualification and integration work. CACI’s ability to pair those systems with technical services is commercially useful, but it is not evidence of monopoly pricing. [1]

The limits are concrete: customers may prefer open architectures, set work aside for small businesses, insource activities or select a competing bidder. Its own filing says there is no single dominant competitor in its technology fields. Backlog and company size are not sufficient proof of a durable moat. [1]

Federal concentration and procurement timing

U.S. government contracts generated 95.6% of fiscal 2026 revenue. Appropriations delays, shutdowns, protests, policy changes and convenience terminations can disrupt awards and performance. The ten largest revenue-producing contracts represented 22.5% of revenue. [1]

Acquisition debt and integration

Debt carrying value of $4.902 billion compares with $2.918 billion a year earlier. Goodwill and intangible assets totaled $8.557 billion at June 30, 2026, approximately 72.4% of total assets, calculated from the filing. Integration failures could impair returns and asset values. ARKA’s purchase allocation remains subject to adjustment. [1]

Delivery, labor and cybersecurity

Fixed-price work increased to 30.4% of revenue, from 26.3%. Cost overruns therefore matter. Cleared technical staff, secure facilities, electronics supply chains and qualification schedules constrain execution. Loss of clearances, cyber incidents, export-control violations or government audit findings can damage program access. [1]

Litigation and conduct

The 2024 Abu Ghraib case produced a $42 million jury judgment against CACI Premier Technology. On August 28, 2026, the Fourth Circuit reversed and remanded for dismissal without prejudice under the changed Alien Tort Statute framework. The ruling concerns the available legal cause of action; it should not be described as a new factual finding clearing the underlying conduct. [1] [17]

Roster reviewed 13-SEP-2026. Nonnenmacher’s title follows his September Form 3. Other selected roles follow the current corporate roster and Kirkland filing. [7] [20] [21]

Chair: Lisa S. Disbrow. Other directors: John S. Mengucci, Susan M. Gordon, Ryan D. McCarthy, Scott C. Morrison, Philip O. Nolan, Debora A. Plunkett, Stanton D. Sloane, Charles L. Szews, Adm. Michael Gilday (retired) and David Keffer. [7]

The September proxy reports late Section 16 filings attributed to administrative errors: initial reports for Gilday and Keffer and one transaction report for Young. [6]

The five supplied filings were reviewed. The issuer repository adds the September proxy and officer filings. Annual, proxy and ownership links above use originals linked by CACI’s filing service; the quarterly reports link directly to SEC EDGAR. SEC company record → [22]

U.S. Section 16 reporting uses Forms 3, 4 and 5. The entries below are selected verified disclosures, not a complete transaction feed. An initial position or compensation grant is not an open-market purchase; Form 144 is a proposed-sale notice. [22]

Ownership & Major Holdings

These are the principal-owner figures reproduced from the September 4 proxy, using its August 21 record date and 22,099,597-share denominator. The underlying institutional reports have different dates and do not establish present-day positions. Morgan Stanley’s proxy table differs from the voting/dispositive counts in its footnote; the table’s total is preserved, not silently reconciled. [6]

The proxy reports 150,396 beneficial shares for Mengucci, including units vesting within 60 days of August 21. Current directors and executive officers as a group held 211,966 beneficial shares, less than 1%. Beneficial ownership is not the same as unrestricted shares immediately available for sale. [6]

Founded in 1962 as a simulation-technology company, CACI expanded into federal technology and mission support. Its current footprint reflects both internal development and acquisitions across intelligence, software, communications and specialized hardware. [1]

2024: Azure Summit closed on October 30, adding radio-frequency and electromagnetic-spectrum capabilities. The closing release’s $1.275 billion headline differs from the later $1.309 billion final purchase consideration, net of cash acquired, disclosed in the December 2025 quarterly filing. The figures have different measurement bases. [16] [4]

2026: CACI Limited acquired Datalynx on February 17 for $10.7 million net of acquired cash. ARKA followed on March 9 for $2.643 billion. The resulting company combines a large federal services base with a growing portfolio of software and defense hardware. [1]

Source grade B+. Financial reporting is anchored in the supplied SEC filings; contracts use government records where available and attributed issuer announcements elsewhere. Governance uses the current roster and September proxy. Market-date verification and individual contract obligations remain limited. The court update uses the actual August 28 opinion. Editorial review: 13-SEP-2026.

1. CACI FY2026 Form 10-K, filed 06-AUG-2026; supplied PDF checked against issuer filing index
2. CACI FY2026 fourth-quarter results and FY2027 guidance, 05-AUG-2026
3. CACI Form 10-Q, quarter ended 30-SEP-2025; filed 23-OCT-2025
4. CACI Form 10-Q, quarter ended 31-DEC-2025; filed 22-JAN-2026
5. CACI Form 10-Q, quarter ended 31-MAR-2026; filed 23-APR-2026
6. CACI 2026 proxy statement, filed 04-SEP-2026; ownership record date 21-AUG-2026
7. CACI current leadership and governance roster; reviewed 13-SEP-2026
8. Space Systems Command: NITE-STAR award pool and ceiling, 31-JUL-2026
9. CACI: NITE-STAR role, 17-AUG-2026
10. CACI: Veterans Affairs financial-system contract, 08-JUL-2026
11. CACI: Army forensic-support ceiling increase, 07-JUL-2026
12. CACI: Military Sealift Command applications contract, 16-JUL-2026
13. CACI: SkyValor southern-border selection, 13-JUL-2026
14. CACI: Enterprise Space Terminal Phase 3, 20-MAY-2026
15. CACI: Rochester defense-electronics manufacturing center, 18-AUG-2026
16. CACI: Azure Summit acquisition completed, 30-OCT-2024
17. Fourth Circuit, Al Shimari v. CACI Premier Technology, No. 25-1043, document 126, 28-AUG-2026; court opinion hosted by Transnational Litigation Blog
18. Lisa Disbrow Form 4, filed 03-AUG-2026
19. DeEtte Gray Form 144 notice of proposed sale, 10-AUG-2026
20. Tom Kirkland Form 3, filed 11-SEP-2026; event date 01-SEP-2026
21. Andreas Nonnenmacher Form 3, filed 11-SEP-2026; EVP, Space
22. CACI issuer filing repository; reviewed through 11-SEP-2026 entries
23. CACI issuer-hosted quote page; reviewed 13-SEP-2026; undated market feed not adopted as an official closing snapshot
24. CACI investor event calendar; reviewed 13-SEP-2026
25. Leidos: business areas and customer markets
26. Booz Allen: federal cybersecurity capabilities