CACI International announced that its Spectral program, developed in partnership with the U.S. Navy’s Program Executive Office for Command, Control, Communications, Computers, and Intelligence (PEO C4I), has successfully completed Milestone C, the critical engineering and manufacturing development gate that authorizes low‑rate initial production and deployment of the system.
Milestone C is a decisive step in the Department of Defense acquisition process. Passing this gate confirms that the Spectral system has met all technical, schedule, and cost requirements, and it now moves into the production and deployment phase, where the Navy will receive the first operational units and CACI will begin generating revenue from the program.
The Spectral system is a next‑generation shipboard signals‑intelligence and electronic‑warfare platform that relies on software‑defined architecture and open‑systems design. These capabilities enable the Navy to detect, analyze, and counter electromagnetic threats in contested environments, a core requirement for modern naval operations.
The milestone reinforces CACI’s strategy of expanding its technology‑led defense portfolio and solidifies its role as a trusted partner in the Navy’s modernization effort. By delivering a sophisticated electronic‑warfare solution, CACI strengthens its position in a high‑growth, high‑barrier market segment that is critical to national security.
In the most recent fiscal quarter, CACI reported revenue of $2.2 billion, up 5.7% year‑over‑year, and an adjusted diluted EPS of $6.81, beating analyst estimates of $6.48. The company also raised its full‑year guidance and announced a planned acquisition of ARKA Group for $2.6 billion, underscoring its commitment to growth and innovation.
John Mengucci, CACI President and CEO, said, “This recent milestone enables the delivery of modern, cutting‑edge technologies that empower our warfighters to defend the nation from our adversaries and maintain decision superiority across every domain, especially the electromagnetic spectrum.” He added, “Our bold investments in technology and our world‑class engineering team have led us to this critical milestone, a momentous leap forward for the Navy. I thank the Navy for entrusting CACI to strengthen their ability to defend the nation and prevail in contested environments, when it matters most, and lives are on the line.”
The achievement of Milestone C is expected to accelerate revenue and margin contributions from the Spectral program. As the Navy moves into production, CACI will receive payments tied to delivery milestones, expanding its backlog and reinforcing its competitive advantage in the electronic‑warfare arena. The milestone also signals to the market that CACI can deliver complex, high‑technology defense solutions on schedule, bolstering confidence in its execution capabilities.
Overall, the Spectral program’s Milestone C success demonstrates CACI’s technical expertise, strengthens its partnership with the Navy, and positions the company for continued growth in a strategically important defense segment.
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