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CACI Ends Fiscal Year With Strong Sales And Earnings

CACI International [CACI] recently reported strong fourth quarter results with double-digit increases in sales and earnings driven by its work for the Defense Department as well as its work supporting the intelligence community. The information technology and engineering services company isn't seeing any threats to its business model from the Obama administration's efforts to "in-source" some federal work currently being performed by contractors. This is only happening on the "margins" of CACI's business and the company's government customers are saying…

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Congress Updates

Navy Leaders Downplay Looking At Foreign Navy Shipbuilding Amid Lawmaker Objections

The Navy’s top leaders this week seemed to downplay and back down on the service potentially using foreign shipyards to build U.S. Navy ships or buying foreign designed warships overseas […]


Senate Defense Appropriators See ‘Risk’ With Army’s Reconciliation Plan To Fund Munitions Increase

The Senate’s top defense appropriators cited concern this week with the Army’s request to fund the majority of its large increase to munitions procurement in fiscal year 2027 through the […]


Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]


Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]