CACI International
Annual Report 2017

Plain-text annual report

2017 Annual Report Transformative Technologies. Inspired Innovators. Global Impact. Transformative Technologies. Inspired Innovators. Global Impact. In 1962, CACI began delivering innovative solutions and services to meet our nation’s most pressing challenges. We are thought leaders who apply our creativity and technological prowess to delivering sustained value to defense, intelligence, and federal civilian customers. Our success is built on a vibrant culture of ethics and integrity – what we call good character. We are committed to enabling our customers to safeguard our nation from global threats and more effi ciently provide quality government services. CACI continues to execute on a three- part strategy to win new business, deliver operational excellence, and deploy our capital for long-term growth opportunities. We are succeeding in winning larger, more solutions-oriented business that enhances our capability to meet our customers’ enduring and emerging needs. We will continue to provide innovative, creative, and valu- able solutions and services to make our customers mission-ready, effi cient, and successful in all they do. As part of our strategy to deliver excel- lence in support of customers, we earned enterprise-wide ISO 27001 certifi cation this year for our enterprise informa- tion systems and information security policies and practices. This credential demonstrates our commitment to safeguarding our customers’ critical data at a time when protecting information is of increasing importance to the U.S. government. We also repeated our listing in The Washington Post’s 2017 Top Workplaces in the greater Washington, DC area, our third consecutive year garnering this accolade. We were further recognized as a Top Workplace for the second year in a row in Memphis, Tennessee, and earned our fi rst Top Workplace listing in Austin, Texas. These achievements underscore the value we place on giving our employees the opportunities to succeed in supporting critical national security missions. Our accomplishments over the last year are built on our dedication to innovation and good character. We always strive to uphold the highest standards of ethics and integrity. We foster mutual respect for our employees, partners, and customers while investing in the inge- nuity of our talented workforce. We are ever vigilant in serving our customers and our country, and in providing our shareholders with long-term value. CACI International Executive Officers FY17 Financial Highlights 4,355 1,794 164 6.53 17 17 17 17 Income Statement Data (in thousands, except per share data and percentages) Year ended June 30 Revenue Operating Income Net Income attributable to CACI Diluted Earnings per Share Weighted-average Diluted Shares Balance Sheet Data (in thousands, except percentages) Year ended June 30 Total Assets Working Capital Shareholders’ Equity Return on Equity 2017 % Change $4,354,617 297,261 163,671 6.53 25,069 16.3% 12.3% 14.6% 13.4% 2017 % Change $3,911,082 353,158 1,793,721 9.6% (1.9%) (1.0%) 11.6% 2016 $3,744,053 264,750 142,799 5.76 24,802 2016 $3,987,341 356,662 1,607,313 9.3% Executive Offi cers Dr. J.P. London Executive Chairman and Chairman of the Board (seated front left) Kenneth Asbury President and Chief Executive Offi cer (seated front right) John S. Mengucci Chief Operating Offi cer, President, U.S. Operations (back center) Gregory R. Bradford President, CACI Information Solutions, Chief Executive, CACI Limited (back left) Thomas A. Mutryn Executive Vice President, Chief Financial Offi cer, and Treasurer (back right) 1 To Our Fellow CACI SHAREHOLDERS Delivering Value in Fiscal Year 2017. This year, we continued to benefit from the execution of our market-based strategy and from synergies resulting from the National Security Solutions (NSS) acquisition. We deepened customer relationships, captured market share, returned to organic growth, and set records for revenue, cash generated, and awards won. We did this while our primary customer, the United States government, operated under constrained funding for over half of our fiscal year. These accomplishments demonstrate the strength of our consistent, successful implementation of our strategy to win new business, drive operational excellence, and invest our capital for future growth. We continued to demonstrate the strategic value of our mergers and acquisitions program. Key to our growth this fiscal year was the exceptional financial performance of NSS. As a result of new business won with the capabilities gained from NSS, and building on the groundwork laid by the talented professionals who joined us in our FY14 acquisition of Six3 Systems, we have established a position in Space Operations and Resiliency, our newest market area. In focusing our pursuit of business in the space market, we are applying our proven expertise in cyber and space operations to assist customers in mitigating the risks associated with launching, maintaining, and defending assets both in space and on the ground. Our delivery of high-end capabili- ties in this domain will improve decision- making and enhance enterprise space operations, an area in which the government is investing heavily as critical to the national security of the United States. 2 We won a record amount of awards in FY17, including important new business and larger, more complex solutions work, which is at the very heart of our long-term strategy. One of those contracts – a $1.77 billion, five-year award in support of the Joint Improvised-Threat Defeat Organization (JIDO) – is the largest award ever received by CACI. In addition, we continued to deliver outstanding customer service, winning a significant amount of key and critical recompeted business. As a result of generating a record amount of operating cash during FY17, and while we continue to explore acquisitions that are the best business and cultural fit for us, we have reduced debt and de-levered our balance sheet. The reduction of our debt levels provides us with the additional capacity to invest in our company by making strategic acquisitions that will bring us new capabilities and customers and support our long-term growth strategy. Our United Kingdom operations recorded another year of solid financial performance. We successfully delivered the 2016 Irish Census Project and acquired the “big data” business of Kognitio Ltd., which will enable us to help our large corporate customers to make better-informed business decisions. These major accomplishments continue to enhance our competitive position as a market-leading provider of information technology services and products in the UK. As we entered FY18, our forward indicators were strong. Our funded backlog was $1.9 billion and our total backlog was $11.2 billion. Almost 94 percent of our planned revenue for FY18 comes from contracts on which we currently perform. In addition, we had over $15 billion in submitted proposals under evaluation, with almost 90 percent being new business to CACI. Last year, we articulated our vision of strategically positioning our company to win larger and more enduring contracts and to increase the solutions content of our business. With that vision, we established long-term goals of growing our organic revenue one to four percent above that of our addressable market and increasing our margins 10 to 30 basis points annually over the next several years. Our expectations for FY18 meet those goals. The priorities of the new administration for increased national security spending, border protection, space resiliency, and evolving and persistent cyber requirements align very well with CACI’s position in the marketspace. Our market-focused strategy is driving the development and pursuit of mission-oriented solutions, and puts us in an ideal position as our nation invests in these critical areas. Moreover, we believe we have very little exposure to agencies that may be potential billpayers for these stated funding priorities. We do expect increases in defense and intelligence spending, but we believe that they will happen over a slightly longer term with only modest budget growth over the next year or two. We also expect that our addressable market will see increases begin- ning over the longer term as the government invests in additional capabilities. In order to accelerate our growth in this marketplace and achieve our long-term goals, we have separated the responsi- bilities of Chief Operating Offi cer (COO) and President of U.S. Operations. John Mengucci has assumed the role of COO and, with that, the oversight of many of the company’s corporate functions, including business development and mergers and acquisitions. Assuming the role of President of U.S. Operations is DeEtte Gray, a talented industry veteran who comes to CACI with over 20 years of experience supporting information technology, cyber security, and intelligence customers. With the changes we see taking place in the federal market, we believe this is the time to invest in a more aggressive growth strategy with these two accomplished leaders. We are working every day to differentiate CACI through the people we hire, the busi- ness we pursue, and the solutions we deliver. Our market-based strategy is working. We are winning new business, delivering operational excellence, and deploying our capital to drive additional growth. We have the organization, people, processes, credentials, and technical expertise to provide transformative solutions, quality, and value to our customers. We remain very confi dent in our ability to deliver predictable, profi table growth and enhanced shareholder value in FY18 and beyond. We’d like to thank all CACI employees for their continued commitment to integrity, character, and the mission of our customers. They bring incredible talent to our custom- ers’ most complex challenges each day. Our success as a company is a result of their daily efforts. We also thank you, our fellow shareholders, for your continued support. Dr. J.P. (Jack) London Executive Chairman and Chairman of the Board, CACI International Inc Kenneth Asbury President and Chief Executive Offi cer, CACI International Inc Our Signifi cant Financial Accomplishments Driving Shareholder Value: • Revenue of $4.35 billion, 16.3% greater than the $3.74 billion of last year. • Operating income of $297.3 million, 12.3% greater than the $264.8 million of last year. • Net income of $163.7 million, 14.6% greater than the $142.8 million of last year. • Diluted earnings per share of $6.53, 13.4% greater than the diluted earnings per share of $5.76 reported in Fiscal 2016. • Operating cash fl ow of $281.3 million, 15.9% greater than the $242.6 million of a year ago. • Contract awards of $6.0 billion, 11.6% greater than last year, with approximately 60% of that amount new work for CACI. • Contract funding orders of $4.1 billion. • Funded backlog at fi scal year-end of $1.9 billion. • Total backlog at fi scal year-end of $11.2 billion. 33 INNOVATING to Address National Security Imperatives Seizing Growth Potential in Intelligence Solutions The United States faces adversaries rang- ing from peer-state aggressors to cyber criminals to terrorist organizations. Military and defense agencies must contend with increased speed, complexity, and competi- tion across battle environments. CACI answers these national imperatives with agile intelligence systems, big data analytics, and high-end tools that fuse information from hundreds of data sources to keep national security leaders ahead of myriad threats. Our intelligence experts deliver valuable solutions in counterintelligence, tradecraft, linguistics, and geospatial intelligence, as well as highly specialized full-motion video expertise. To make sense of today’s profusion of data, we deploy innovative deep learning algorithms into our analytic tools, enabling decision- makers to address our nation’s most complex worldwide missions. This year, our capability to deliver sustained value, effi ciency, and innovation to our intelligence customers was a driving force in winning the largest award in our history. On this contract, we will provide sophisticated intelligence fusion technologies to the Joint Improvised-Threat Defeat Organiza- tion (JIDO). Our support enables combatant commands to stay ahead of complex and growing threats. Dominating the Cyber and Electronic Warfare Markets Today’s battlefi eld is amplifi ed by cyber and electronic warfare, making electromag- netic spectrum (EMS) dominance another national imperative. Backed by decades of specialized experience in digital and foreign instrumentation signals processing, our full-spectrum cyber and electronic warfare specialists pioneer solutions for military and intelligence customers to safeguard the country’s networks, bolster our national infrastructure, and strengthen America’s posture in the EMS battlespace. CACI is at the forefront of platform cyber solutions to protect military aircraft, ships, and weapons systems against cyber attack. We also lead the way in addressing the escalating use of unmanned platforms with our SkyTracker™ system to counter commercial drone threats to national airspace and valuable assets. Expanding in the Space Domain Along with cyber, this year CACI moved further into the space market by winning signifi cant new business providing operations, maintenance, and sustain- ment solutions and services for the U.S. Air Force Satellite Control Network. Our support will enhance operational reliability and innovation in the increasingly contested space environment, which is key to Ameri- ca’s security. This new work, together with the JIDO award, refl ects CACI’s impressive capability to win enduring business and capture market share. We meet the national security need for high-end intelligence solutions that enable complex missions, including counterterrorism. Our electronic warfare solutions include unique signals expertise to defeat such threats as adversary weapons systems. 4 4 ADVANCING TECHNOLOGIES to Improve Delivery of Government Services Sustaining Delivery of Value and Efficiencies Federal agencies are seeking new ways to improve government services. CACI responds with insight and innovation to modernize the enterprise financial, administrative, material, and personnel systems that keep government running. Recent accomplishments include our imple- mentation of what will be the world’s largest personnel and pay system for the U.S. Army, as well as our web-based supply chain management solution to help the U.S. Department of Agriculture deliver food and nutrition programs at home and abroad. These programs reflect CACI’s proven capability to win business supporting large programs that meet enduring, high-priority customer needs. As the government pursues more stream- lined ways to operate, it turns to CACI’s functional expertise and technological inge- nuity to enable efficiencies and cost-savings. Recently, there has been a federal push to adopt shared services, in which a single system is utilized by numerous agencies. CACI’s enterprise resource planning experts leverage experience implementing federal systems, industry partnerships, and a successful track record of deployments to seamlessly transition federal civilian, de- fense, and intelligence customers to shared service environments that foster productivity and incorporate the latest technologies. Our cutting-edge enterprise IT solutions position us to win next- generation programs across the federal marketplace. We drive value and efficiencies supporting the government’s enduring mission to enhance services that have a global impact. Meeting Demands for New Technologies We also keep customers at the forefront of next-generation IT with cloud-powered capabilities, software-defined network- ing, automation, and performance- based service management. For example, as our government seeks efficiencies from the cloud, we are leveraging our selection for the Amazon Web Services Public Sector Partner Program to provide customers with secure cloud solutions that enable continuous improvements. Furthermore, as the national security com- munity calls for rapid fielding of capabilities, our enterprise agile methodology brings customers into the development process and leverages automation to quickly deliver the systems our troops need to deal with dynamic, fast-paced threat environments. CACI provides innovative solutions and technologies that enable customers to address challenging national security issues and deliver government services more efficiently and economically. Our capabilities align with our customers’ enduring and emerging needs and provide a solid structure for continued and future growth that leads to greater market share, increased profitability, and the genera- tion of capital to invest in our company and create long-term shareholder value. Innovation to Support UK Government and Industry CACI’s UK operations reported a record year for revenue and net income. We deliv- ered innovation for the 2016 Irish Census with an optical character recognition system to capture data from over five million census forms. We also advanced our strategic vision by acquiring the big data and managed services business of Kog- nitio Ltd., which efficiently analyzes vast data sets to enable such large corporations as British Telecom to make better-informed business decisions. We significantly grew our Dutch business to encompass over 50 percent of the market share for student information systems. A majority of higher education students in the Netherlands now use our proprietary student information system, OSIRIS. 5 C AC I I n te r n a ti o n a l I n c Consolidated Statements of Operations (amounts in thousands, except per share data) 2017 2016 2015 Year ended June 30 REVENUE Costs of revenue: Direct costs Indirect costs and selling expenses Depreciation and amortization Total costs of revenue Income from operations Interest expense and other, net Income before income taxes Income taxes Net income Noncontrolling interest Net income attributable to CACI EARNINGS PER COMMON AND COMMON EQUIVALENT SHARE Basic: Weighted-average shares outstanding Earnings per share Diluted: Weighted-average shares outstanding Earnings per share $4,354,617 $3,744,053 $3,313,452 2,934,804 1,050,792 71,760 2,487,633 2,193,585 926,918 64,752 817,403 66,083 $4,057,356 $3,479,303 $3,077,071 297,261 48,642 248,619 84,948 163,671 — $163,671 24,401 $6.71 25,069 $6.53 264,750 41,138 223,612 80,813 142,799 — $142,799 24,262 $5.89 24,802 $5.76 236,381 34,758 201,623 75,327 126,296 (101) $126,195 23,948 $5.27 24,388 $5.17 Financial information should be read in conjunction with the consolidated financial statements and notes thereto included in this Annual Report and on the Form 10-K that CACI has filed with the Securities and Exchange Commission. 6 C AC I I n te r n a ti o n a l I n c Consolidated Balance Sheets (amounts in thousands, except per share data) ASSETS Current assets: Cash and cash equivalents Accounts receivable, net Prepaid expenses and other current assets Total current assets Goodwill Intangible assets, net Property and equipment, net Supplemental retirement savings plan assets Accounts receivable, long-term Other long-term assets Total assets LIABILITIES AND SHAREHOLDERS’ EQUITY Current liabilities: Current portion of long-term debt Accounts payable Accrued compensation and benefits Other accrued expenses and current liabilities Total current liabilities Long-term debt, net of current portion Supplemental retirement savings plan obligations, net of current portion Deferred income taxes Other long-term liabilities Total liabilities Shareholders’ equity: Preferred stock $0.10 par value, 10,000 shares authorized, no shares issued Common stock $0.10 par value, 80,000 shares authorized, 41,896 and 24,462 outstanding at June 30, 2017 and 41,758 issued and 24,323 outstanding at June 30, 2016 Additional paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost (17,435 and 17,435 shares, respectively) Total CACI shareholders’ equity Noncontrolling interest Total shareholders’ equity Total liabilities and shareholders’ equity June 30 2017 2016 65,539 757,341 57,022 49,082 803,817 68,939 $879,902 $921,838 2,577,435 235,371 91,749 91,367 7,886 27,372 2,585,343 275,372 81,362 89,937 8,330 25,159 $3,911,082 $3,987,341 53,965 62,874 239,741 170,164 53,965 95,270 228,362 187,579 $526,744 $565,176 1,177,598 81,823 273,320 57,876 1,402,079 76,995 248,458 87,320 $2,117,361 $2,380,028 — — 4,190 569,080 1,825,619 (29,116) (576,187) 1,793,586 135 $1,793,721 $3,911,082 4,176 558,324 1,661,948 (41,083) (576,187) 1,607,178 135 $1,607,313 $3,987,341 The financial information above should be read in conjunction with the consolidated financial statements and notes thereto included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission. 7 CACI International Board of Directors Admiral Gregory G. Johnson (2006) 2, 3, 5*, 7, 8 Founder, Snow Ridge Associates; Admiral, U.S. Navy (Ret.); former Commander, U.S. Naval Forces Europe and Africa; Commander in Chief, Allied (NATO) Forces Southern Europe James L. Pavitt (2008) 1, 2, 5, 7*, 8 President of JLP Associates, LLC; Senior Advisor at The Scowcroft Group; former Deputy Director for Operations, head of America’s Clandestine Services, and Chief of the Counterproliferation Division, Central Intelligence Agency; former Senior Intelligence Advisor, National Security Council team for President George H.W. Bush Dr. Warren R. Phillips (1974) 1*, 3, 5, 6*, 7 Former Chief Financial Officer, Albanian- Macedonian-Bulgarian Oil Pipeline Corporation; former Professor of Government and Politics, Vice President for Academics, and Assistant Vice President for Administration for the University of Maryland; former Executive Vice Chairman and Chief Financial Officer, Maryland Moscow, Inc.; former Chief Executive Officer and Chairman of the Board of Directors, Advanced Blast Protection, Inc. Charles P. Revoile (1993) 1, 2*, 3, 4, 6 Legal and business consultant; former Senior Vice President, General Counsel and Secretary, CACI International Inc; former Vice President and General Counsel of Stanwick Corporation; former Counsel, Communications Division, Westinghouse Electric Corporation General William S. Wallace (2009) 1, 4*, 5, 7, 8 General, U.S. Army (Ret.); former Commander, Fifth U.S. Corps during Operation Iraqi Freedom; former Commander, Joint Warfighting Center and Commanding General, 4th Infantry Division; former Commanding General of Army Combined Arms Center and National Training Center Board of Directors Dr. J.P. London (1981) 3*, 4, 5, 7, 8* Executive Chairman and Chairman of the Board, CACI International Inc; Chief Executive Officer, 1984-2007. Director, Friends of the National World War II Memorial, U.S. Navy Memorial Foundation, Naval Historical Foundation, and CAUSE (Comfort for America’s Uniformed Services) Kenneth Asbury (2013) 3 President and Chief Executive Officer, CACI International Inc; former President and Chief Executive Officer of ASRC Federal Holding Company; former President of the Civil business of Lockheed Martin; served in the U.S. Army Security Agency Michael A. Daniels (2013) 2, 4, 5, 6, 7 Director of Blackberry and Mercury Systems, Inc.; Chairman of the Logistics Management Institute; former Chairman of the Board and Chief Executive Officer of Mobile 365, Inc.; former Director of Sybase, Inc., Verisign, Telcordia Technologies, and Luna Innovations; former senior executive at Science Applications International Corporation; former Chairman and Chief Executive Officer of Network Solutions, Inc; former Chairman of GlobalLogic Hon. James S. Gilmore III (2009) 1, 2, 4, 5, 8 Former Governor of the Commonwealth of Virginia; Director of Atlas Air Worldwide Holdings, Inc.; President and Chief Executive Officer of the American Opportunity Foundation; former Chairman, U.S. Congressional Advisory Panel to Assess Domestic Response Capabilities Involving Terrorism and Weapons of Mass Destruction; former Director of Barr Laboratories, Inc., Everquest Financial, Ltd., Cypress Communications, Inc., and IDT Corporation William L. Jews (2013) 1, 2, 4, 5, 8 Director of Choice Hotels International, Inc. and CalAtlantic Group, Inc.; former Director of Fortress International Group, Inc.; former President and Chief Executive Officer of CareFirst, Inc., CareFirst of Maryland, Inc., Group Hospitalization and Medical Services, Inc., and Blue Cross Blue Shield of Maryland, Inc.; former Chief Executive Officer of Blue Cross Blue Shield of Delaware 8 Front left to right: Dr. Warren R. Phillips, Dr. J.P. London, Kenneth Asbury Back left to right: Michael A. Daniels, William L. Jews, Honorable James S. Gilmore III, Admiral Gregory G. Johnson, Charles P. Revoile, General William S. Wallace, James L. Pavitt ( ) Denotes year elected/appointed a director of the Company * Denotes Chairmanship of Committee 1 Member of Audit Committee 2 Member of Compensation Committee 3 Member of Executive Committee 4 Member of Investor Relations Committee 5 Member of Strategic Assessment Committee 6 Member of Corporate Governance and Nominating Committee 7 Member of Security and Risk Assessment Committee 8 Member of Culture, Character, Integrity, and Ethics Committee CACI provides information solutions and services in support of national security missions and government transformation for Intelligence, Defense, and Federal Civilian customers. CACI is a member of the Fortune 1000 Largest Companies, the Russell 2000 Index, and the S&P SmallCap600 Index. CACI’s sustained commitment to ethics and integrity defi nes its corporate culture and drives its success. With approximately 18,600 employees worldwide, CACI provides dynamic career opportunities for military veterans and industry professionals to support the nation’s most critical missions. Corporate Headquarters CACI International Inc 1100 North Glebe Road, Arlington, VA 22201 (703) 841-7800 www.caci.com European Headquarters CACI House – Kensington Village Avonmore Road London, England W14 8TS (01144207) 602-6000 www.caci.co.uk Visit our website at: www.caci.com Find career opportunities at: http://careers.caci.com Connect with us through social media: CACI (NYSE: CACI) is a member of the Russell 2000 Index and the S&P SmallCap 600 Index and can be found on the web at www.caci.com CACI and CACI Ever Vigilant are registered trademarks, and SkyTracker is a trademark, of CACI © CACI 2017 Shareholder Information Corporate Headquarters CACI International Inc 1100 North Glebe Road, Arlington, VA 22201 (703) 841-7800 Annual Meeting The 2017 annual meeting will be held at 9:30 am EST, November 16, 2017 at: Sheraton Tysons Hotel 8661 Leesburg Pike, Tysons, VA 22182 Common Stock CACI International Inc is listed on the New York Stock Exchange (NYSE) under the symbol CACI. Daily quotes on the common stock can be obtained in most daily newspapers and online services. Quarter High Low High 2017 2016 1st 2nd 3rd 4th $103.21 $133.70 $135.35 $132.45 $87.67 $96.05 $117.25 $112.10 $85.92 $104.09 $108.41 $111.13 Low $73.38 $72.19 $78.08 $87.31 As of August 15, 2017, there were approximately 240 holders of record of CACI International Inc common stock, and 24,461,695 shares outstanding. Shareholder Services All questions concerning registered shareholder accounts and stock transfer matters, including name or address changes, transfers, and other services, should be directed to CACI’s transfer agent and registrar: Computershare P.O. Box 30170 College Station, TX 77842-3170 (800) 736-3001/(781) 575-3100 www.computershare.com/investor Independent Auditor Ernst & Young LLP 1775 Tysons Boulevard, Tysons, VA 22102 Annual Report on Form 10-K The annual report on Form 10-K to the Securities and Exchange Commission may be obtained without charge by addressing a request to: CACI International Inc Investor Relations 1100 North Glebe Road, Arlington, VA 22201 The CACI International Inc 2017 Annual Report is available from the CACI website at www.caci.com. An Adobe Acrobat Portable Document Format (PDF) fi le of the print version can be downloaded from this location. In addition, other documents can also be obtained at the same location. CACI on the Internet Information on CACI’s solutions and services can be found via the CACI homepage (www.caci.com). Financial results, corporate news releases, and other CACI activities can also be found via that address. Additional Information Inquiries from institutional investors, fi nancial analysts, and portfolio managers should be directed to: David L. Dragics, Senior Vice President, Investor Relations (866) 606-3471, ddragics@caci.com Inquiries from individual shareholders and registered representatives should be directed to: Mary Peevy, Investor Relations (866) 606-3471, mpeevy@caci.com Inquiries from the fi nancial and other media should be directed to: Jody Brown, Executive Vice President, Public Relations (703) 841-7801, jbrown@caci.com Driven by CHARACTER For over 55 years, CACI’s culture of ethics, integrity, excellence, and innovation has been the driving force behind our success. Our daily commitment to these values inspires our delivery of leading-edge information solutions and services in support of defense, intelligence, and federal civilian customers. As we answer our customers’ most pressing needs to safeguard our nation and serve the American people, we remain rigorously dedicated to acting with good character. CORPORATE HEADQUARTERS CACI International Inc 1100 North Glebe Road, Arlington, VA 22201 (703) 841-7800 www.caci.com

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