CACI International Shares Soar 3.18% on U.S. Navy Contract

CACI International (CACI) shares rose 0.44% today, marking the third consecutive day of gains, with a total increase of 3.18% over the past three days. The stock price reached its highest level since November 2024, with an intraday gain of 1.46%.

The strategy of buying CACI shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The CACI International's recent high was $469.19, and if an investor bought the stock at this price, holding it for 1 week would result in a 13.06% return over 5 years. This is slightly lower than the S&P 500's 38.10% return over the same period. However, CACI's 93.29% return over 5 years is still impressive, indicating that this strategy can be effective, especially in the defense contractor sector where stability is valued.

CACI International has secured a $143 million delivery order from the U.S. Navy to supply spectral enabling kits. These kits are designed to enhance electronic warfare capabilities, demonstrating CACI's ability to deliver significant technological advancements under its existing Spectral contract, which has a ceiling value of $1.2 billion. This contract highlights the Navy's commitment to advancing future capabilities and underscores CACI's role in providing critical technology enhancements.

In addition to its contract wins, CACI International reported its fiscal 2025 third-quarter results and raised its fiscal year guidance on April 24, 2025. This financial update is likely to influence investor perception and impact the company's stock price positively. The company's ongoing relationship with the U.S. Navy and its strong financial performance are key factors driving investor confidence and contributing to the recent stock price gains.