Jul. 31 at 8:52 PM
CACI International announced a three-year,
$500 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract for its SkyValor counter-drone defense system. The platform was selected as the first task order under the Joint Interagency Task Force 401's domestic air defense initiative, marking SkyValor's transition to full-rate production following successful operational evaluations.
The award adds to a string of recent contract wins that have strengthened CACI's backlog. Earlier this month, the company secured a six-year,
$308 million contract from the Department of Veterans Affairs and a five-year,
$113 million agreement with the U.S. Navy's Military Sealift Command, highlighting continued demand across its defense, intelligence, and civilian government businesses.
With CACI scheduled to report fiscal Q4 and full-year 2026 results on August 5, investors are increasingly focused on whether its growing contract pipeline will translate into stronger revenue and earnings.
$CACI