research paper thesis maker
writing research papers lester 14th edition
creative writing phd cardiff
how to research paper note cards
critical thinking psychology
mla parenthetical citation powerpoint
writing accommodations for students with autism
write technical recommendation report
essay on lady finger vegetable
summary julius caesar by shakespeare
creative writing schools texas
motivational essay exchange
essay with section headings
qualitative case study unit of analysis
application letter in cashier
essay words list
cover letter high school application
buy an essay cheap
how to write an academic journal article review
commentary for academic writing for graduate students pdf
personal statement for columbia college
personal statements for graduate school physics
cover letter professor computer science
buy persuasive essay
case study material requirement planning
3 paragraph essay about respect
1950s essay introduction
gridworld case study part 4 answers
pay someone to statistics homework
fsu creative writing undergraduate
persuasive essay introduction techniques
help with writing a poem
executive resume writing reviews
application letter in the philippines
biola university requirements
resume writers in london on
personal statement law quotes
argumentative essay on reducing juvenile delinquency
reflective essay on life of pi
college paper writing service
write my own story
best websites to help with homework
term paper about kpop
essay high school experience
term paper research software
write any book in 28 days review
ultrasound case study pregnancy
case study 8 the bike rider with a broken hip answers
application letter for work experience
exemple cv infirmiere quebec
critical thinking newspaper
request letter for volunteer work
cover letter new york university
how to write my personal statement for college
university of florida personal essays
essay about trust friends
i need help writing a curriculum vitae
using direct quotes essay
write a lab report conclusion
critical thinking in nursing case studies across the curriculum
essay for patriotism
news paper writings
someone do my essay
what is a personal statement wiki
persuasive writing and argumentative essay
writing about yourself in a personal statement
precis help sydney
famous essays writing
application letter bahasa indonesia
how to do my algebra homework
nursing case study vehicular accident
100 reasons why i didn39t do my homework
literature review the hunger games
how to write an admissions essay for medical school
essay if i have 1 million
homework help papers
help i don39t want to do homework
custom paper writing college
mla research paper citation website
how to write better law essays pdf
resume writing services india
abridgment help atlanta
does bestbuy sell resume paper
book review on 5 point someone
introduction essay on racism
creative writing princeton nj
graduate application letter of interest
cover letter email unknown recipient
cover letter for a video game company
essay on true leadership
hot to write an essay plan
literature review of videocon
case study notes geography
essay custom writing
how to write a teacher resume ontario
video essay for isb
educational psychology report writing
customer service improvement
essay for college scholarships
essay on 6701
uc personal statement religion
case study 22 floorplan
essay on books exhibition
how to write a good book report for university
paper for writing musical notes
synopsis help united states
buy writing notebooks online
cover letter it service manager
cover letter for cv for accountant
research paper interior design
resume writing for sales manager
argumentative essay youth
resume and cover letter difference
cover letter for government management position
cheap custom essays
essay my best friend my mother
help with algebra homework problems
ocr critical thinking jan 2009 mark scheme
little albert case study evaluation
phd thesis proposal engineering
case study presentation nephrotic syndrome
cover letter binghamton university
essay about upbringing
critical thinking nursing quiz
letter of intent zoning
100200 words essay
cover letter nursing hospital
annotated bibliography apa spacing
cv cover letter academic
music to help me do homework
essay the meaning of life
cover letter resume hospitality
research papers internet advertising
verbs to use on teacher resume
resume writers in uae
help with my statistics homework
research paper citation record keeping it is not for wimps
writing a college digest for a student
quote for scholarship essay
analyzing case study evidence yin
pre written essays for sale
legal secretary cover letter salary requirements
britain 191851 essay plans
how to write book reviews uk
setting up a cv business
creative writing hsc length
annotated bibliography apa or mla
english paper piecing hexagon quilts
1000 words essay how many paragraphs
need essay
case study mexico to usa
case study report south coast telecommunication project 96073
uc personal statement fall 2013
how to write a personal statement for college entrance
finding a thesis statement in an essay
homework help high school
how to write a reflection paper for english
precis distribution services
how to write a resume for a highschool student with no experience
where can you buy resume paper
essay on leadership versus management
application letter icu nurse
common app essay college discussion
cover letter w9
writing good bug reports
annotated bibliography mla websites
research paper on utilitarianism
purchase term papers online
yale personal statement length
hult case study challenge
research paper
power of critical thinking quotes
cover letter for part time receptionist position
what are critical thinking standards
cv professional references
best term papers com reviews
cover letter entry level student
easybib apa 6
expert resume writers
cover letter for a video editor
best american essays 2011 review
love essay 1984
english creative writing stanford
yearbook advertising letter
cover letter graduate teacher
top letter of recommendation writing services 2013
homework help financial accounting
resume action words project management
medical school personal statement 5300 characters with or without spaces
case study 21 copd
persuasive speech writing
case studies in applied epidemiology no. 731703
college application essay on leadership
writing a cover letter professor
essay 200 words
case study science education
10 cover letter don ts
cover letter consulting entry level
writing a federal resume
yellow wallpaper essay thesis

CSC and CACI Analysis – Seeking Alpha

This is an article I wrote for Seeking Alpha discussing trends in CSC and CACI earnings and stock price.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Defense Department Awards Massive Translation Contract

The U.S. military and other government agencies are now involved in fighting and support actions across Africa, the Middle East and Asia. Large number of troops remain in Afghanistan and while forces are winding down in Iraq there are still several thousand engaged there. They are also interacting in places like Somalia and Yemen. Much of there work is day-to-day work with the people of these countries as they try to counter terrorism with public works and provide other services. All of this requires that they be able to communicate with them.

Since the actions began in Afghanistan and Iraq the U.S. has relied on interpreters provided mostly by contractors. Some of these have been local companies but also U.S. defense contractors have provided these services. To aid this work DoD just awarded a task order contract to six different companies. The total value of this contract if all options are exercised is almost $10 billion over five years.

Mission Essential, Northrop Grumman, Linc Government Services, L-3 Services, Global Linguist Solutions and CACI all qualified to compete for tasks under the omnibus contract. This means as work is needed by a service or agency they will generate a task order and the six companies may bid on them.

The way this contract is structured is that while it looks very large there is no obligation by the government to offer any task orders unless they need to. It also means that no company is guaranteed to win any although with the size of the requirement it is probable that all of the qualifiers get work.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Defense M&A Continues

The world wide defense industry continues to consolidate as contractors larger-and-small continue to acquire other companies to expand their roles in certain business lines or due to shrinking defense budgets causing a refocus. Several deals closed or where announced in the last few months.

Last month for example Cubic Corporation (CUB) announced that they would move to acquire Abraxas Corporation. Cubic provides test support and range services to a variety of defense customers worldwide. Abraxas supports cybercrime and defense and security customers. The deal was estimated to be worth around $124 million. Last week Cubic received regulatory approval for the acquisition to go forward.

CACI (CACI) the large intelligence and IT service support contractor as of 1 November completed its acquisition of privately held TechniGraphics. TechniGraphics provides geospatial services and this will expand CACI’s ability to gain market share. CACI has done very well over the last few years and some consider its business model as the way most defense contractors will go as the large hardware contracts become fewer due to budgetary pressures.

The Israeli defense contractor Elbit who manufacture aerospace systems including UAV as well as parts and support services for aircraft completed its acquisition of the U.S. company M7 Aerospace yesterday. The $85 million sale will allow Elbit more penetration of the U.S. market as M7 provides government and commercial customers aviation logistics, maintenance and supply chain management. Due to export control and security laws and regulations it is often easiest for overseas companies to establish U.S. subsidiaries or acquire U.S. companies to enter its defense market.

M&A has been picking up as the market adjusts to the expected flattening or decline of the U.S. and European defense budgets. As the funding shrinks it will cause companies to consider their products and market shares. Some will want to sell parts to get out of those business areas and some will want to acquire to get into them.

The biggest deal that is hanging out there is what Northrop Grumman (NOC) wants to do with its ship building group. Previously they have stated they would like to sell it as declining U.S. Navy ship building plans limit their opportunities. Depending how the U.S. defense budget ultimately resets these plans could be reconsidered.

These trends will continue and may accelerate over the next few years as the defense industry adjusts as it did in the Nineties to the changing market.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Is CACI the Future of U.S. Defense Contracting?

The big U.S. defense contractors have been announcing earnings for the most recent quarter this week with mixed results. Boeing (BA) and Lockheed Martin (LMT) reported flat or losses but Boeing was buoyed by commercial programs while Northrop Grumman (NOC) and General Dynamics (GD) saw increases. GD is finally seeing an uptick in their executive jet business which helped and Northrop has been pessimistic for the future due to declining defense budgets exploring a sale of their military shipbuilding assets.

CACI (CACI) on the other hand reported a record quarter. Earnings increased twenty percent compared to the year before to $28.7 million. The company projected that for the full year they will make in the $4.00 range per share with an increase in revenue of $0.5 to $2.0 billion.

CACI unlike the big U.S. defense contractors who build large hardware programs as their core business provides intelligence and information technology services to the Defense Department and other parts of the U.S. government. While the Secretary of Defense Robert Gates has begun initiatives to cut back on service contracts these tend to be in the areas of logistic and technical support to the military rather then IT or intelligence which aids CACI.

Many of the big defense contractors have been moving into these fields through acquisitions. Boeing, Lockheed as well as the British defense giant BAE Systems (BAE: LSE) have recently acquired small or mid-size intelligence contractors to improve their exposure. The U.S. and its Allies continue to invest in unmanned assets for ISR missions that will require substantial expansion of their ability to exploit all of the information being collected. This is where CACI and the other defense contractors see growth.

The U.S. defense budget will most likely decline in real terms in the near future. The ship building and aviation investment are already showing signs of being limited to just a few programs but the Pentagon will still need to develop the new technologies that have come to a forefront during the fighting in Iraq and Afghanistan.

As the Pentagon’s investment in large acquisition programs continues to decline expect to see more focus on these areas of defense support.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

BRAC Support Nets CACI A Contract

The last round of the Base Realignment and Closure (BRAC) for the U.S. military saw a focus on concentrating similar organizations and efforts. These include combining schools and research facilities for all of the services if there is some synergy. An example is moving medical training for the Army, Navy and Air Force to San Antonia, TX where the Air Force originally focused their training. A similar move is the transfer of network and information operations from several Army bases to the Aberdeen Proving Ground (APG) in Maryland.

In order to coordinate and support these moves the Army gave CACI International (CACI) a contract that could be worth over $80 million if all options are exercised. The two and a half year contract primarily pays for the planning and conduct of the movement of the large number of IT and computer equipment necessitated by the move. These include test sets and equipment for the development and testing of new equipment.

Similar contracts have been awarded to other companies to support similar moves and consolidations. As can be imagined the logistics of all this are quite involved and the use of contractors allows the short term ramp up in personnel and capability required.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

CACI International To Support Army Night Vision Development Efforts

CACI International was awarded a contract by the U.S. Army to support is Research Development and Engineering Command (RDECOM). If all options are awarded for this three year contract it will be worth up to fifty million dollars. CACI International will be providing direct support to the Infrared Focal Plane Array (FPA) Technology (IFT) branch of RDECOM.

This organization conducts research and development of advanced night vision and sensors. This is a continuation contract for the company. They will help with the development and testing of systems to improve target detection and acquisition. The U.S. military’s investment in advanced night vision systems provides a major advantage to it in its operations in Iraq and Afghanistan.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Despite Gates’ Goals CACI Signs Contract To Support DoD Acqusition Office

The Undersecretary of Defense (Acquisition, Logistics & Technology) is the DoD office that overseas the Services acquisition programs. Secretary Gates‘ has announced significant acquisition reforms along with President Obama since January 20th. One of these is to reduce the contractor involvement in the acquisition workforce and decisions. Despite this the office just awarded a five year contract to CACI to provide support to all aspects of the offices’ work. Washington Technology reports that this is a continuation of a contract that the company has had for several years before. The contract is worth about $30 million.

The best efforts not with standing it will take several years to remove contractors form the positions they are in supporting DoD. There is currently a great deal of reliance on them as they provide personnel and experience not necessarily available with the current civil service work force. That does not mean they cannot be replaced, but in the past there has been a tendency to convert the positions to government. That is what Gates plans to do in the next few years. More to come on this for sure.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Companies to develop contract management software

CACI and Oracle announced today that they would work together to build a software solution to manage government contracts. The software would be for the total life cycle of the contract through development, award and execution. The program will utilize an existing Oracle product with CACI providing the expertise on understanding Federal rules and regulations and the actual conduct of contracting. Contract management within the Department of Defense is a laborious process requiring a great deal of manpower. This software will help agencies carry out this function in a more accurate, timely fashion.

See the press release at MarketWatch.com.

Cross posted at BNET.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

CACI reports

August 18, 2008 by · Comment
Filed under: CACI, Department of Defense, Earnings, IT, logistics, S&T, SETA 

In the continuing trend of large defense contractors resulting improved results, CACI had a 13% growth in earnings compared to the equivalent quarter a year ago. Forbes.com reports. CACI is a leading provider of services to the US intelligence community, especially the Defense side. They also provide other services to the US government such as IT and logistics management. Revenue growth was even more impressive, surging over 20% on large intelligence contracts.

For more see the story at Forbes.com.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

Computer Sciences Corporation signs to be lead on Defense Information Systems Agency network

December 28, 2007 by · Comment
Filed under: CACI, Contract Awards, CSC 

Computer Sciences Corporation (CSC) signed a contract with the DISA to manage their various networks. CSC will be the lead on a team of various companies including BAE and CACI. More details can be found here. CSC continues to cement its role as a major systems integrator for the Department of Defense and the three services.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

>