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Stock Market & Financial Investment News

News Breaks
July 28, 2014
07:06 EDTXGTI, CACIxG Technology awarded U.S. Army subcontract by CACI
xG Technology (XGTI) has announced that it has been awarded a subcontract by CACI (CACI) to provide communications and network services on CACI's prime contract with the U.S. Army's Communications-Electronics Research, Development and Engineering Center Space and Terrestrial Communications Directorate. The five-year multiple-award indefinite delivery/indefinite quantity prime contract has a ceiling value of $497M.
News For XGTI;CACI From The Last 14 Days
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March 26, 2015
08:01 EDTCACICACI awarded $38.5M task order contract
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March 16, 2015
12:56 EDTCACIIBM protest of Army contract an incremental negative for CACI, says Maxim
According to a Washington Technology article, IBM (IBM) successfully protested a $158M Army-payroll contract awarded to CACI (CACI). Maxim expects the contract to be re-evaluated and for CACI to still prevail and win, but the revenue ramp will take longer than previously anticipated. The firm rates CACI a Buy with a $101 price target.
12:54 EDTCACIContract awarded to CACI protested by IBM, Washington Technology reports
A $158M Army payroll and personnel contract that was awarded to CACI (CACI) has been successfully protested by IBM (IBM) and the contract has been dismissed, Washington Technology reports. Reference Link
08:02 EDTCACICACI awarded two task order contracts totaling $86M
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