CACI Worldwide (NYSE:CACI) mentioned Thursday it was awarded a five-year contract by the Protection Counterintelligence and Safety Company to offer background investigation fieldwork providers, valued at $2.25B.
The DCSA is accountable for conducting greater than 2M background investigations yearly on civilian and army candidates and federal workers or workers of presidency contractors and consultants.
Underneath this enterprise know-how contract, greater than 1,000 of CACI’s (CACI) background investigators will conduct preliminary investigations and periodic reinvestigations nationwide.
Morgan Stanley downgraded CACI Worldwide (CACI) earlier this week, saying the protection know-how firm is poised to profit from elevated federal spending on cybersecurity.
