CACI International Inc. shares fall 2.92% premarket after winning two contracts with the Canadian Armed Forces.

CACI International Inc. fell 2.92% in premarket trading. The company announced that it was awarded two contracts with the Canadian Armed Forces (CAF) as part of the second phase of the Counter Uncrewed Aircraft System (C-UAS) Urgent Operational Requirement (UOR). During phase two, CACI will provide a light-armored tactical C-UAS vehicle platform, and support for up to 10 years, as part of a collaborative effort to equip CAF personnel with the capabilities they need to protect Canada and its national interests from the increasing threat posed by hostile small UAS.