CACI International Inc (CACI): Blue Harbour Group Continues to Reduce Its Stake

CACI International is a provider of information technology solutions and services, which caters to the U.S. federal government, as well as to commercial markets across North America. The company’s developments offer unique solutions in various areas, including logistics, human capital management, communications, intelligence, and surveillance.

At the end of November, CACI International’s shareholders were excited to learn the company had secured a $62.5 million counter narco-terrorism contract. The deal stipulates that the information technology firm will continue supporting U.S. Central Command in Afghanistan in various areas, including program management, advisement, training, and logistics. The company has been involved with this program for five years already and the latest contract is expected to augment revenue considerable. By winning new deals on a regular basis, CACI International has been able to continue developing its pipeline of new projects and improve its position in the Integrated Security Solutions industry.

The latest news related to CACI International Inc (NYSE:CACI) that made headlines, was its announcement of a partnership with Appcelerator, a leading provider of a mobile engagement platform. The strategic alliance was formed in order to develop a new mobile application solution for the firm’s federal clients. The so-called CAT4 solution will allow the federal government and its various agencies, to develop applications at a far greater speed.

Disclosure: Pablo Erbar holds no position in any stocks or funds mentioned.