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CACI Boosts FY ’11 Earnings Guidance On Operational Performance

Crediting strong operational, CACI International [CACI] on Wednesday raised its earnings guidance for its fiscal year that ended yesterday, adding that it will post a double-digit gain in earnings for the year. CACI now expects earning to be between $133 million, $4.25 earnings per share (EPS), and $138 million ($4.40 EPS), a 2 percent increase from prior guidance of between $130 million ($4.15 EPS) and $135 million ($4.30 EPS) for its FY ’11. Sales are still pegged at between $3.5…

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Congress Updates

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]


Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]


Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]


CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]