CACI to Deliver Additional SIGINT and EW Technology for U.S. Army Soldiers with TLS BCT Manpack
RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that a contract modification has been awarded by the U.S. Army to continue procurement, training, and fielding for the Terrestrial Layer System Brigade Combat Team Manpack (TLS BCT Manpack).
'The TLS BCT Manpack system is a proven, mature system built by CACI. It successfully improves mission effectiveness through a software-modifiable approach that ensures the Army wins the electromagnetic spectrum (EMS) fight,' said John Mengucci, CACI President and Chief Executive Officer. "This new delivery uses commercial software-based technology to rapidly field mobile electronic warfare (EW) capabilities directly into the hands of soldiers operating in high-risk, contested environments."
With this nearly $400 million contract modification, awarded to Mastodon Design, LLC, the company will continue to successfully deliver a tailorable, modular, low size, weight, and power (SWaP) solution that integrates significantly improved signals intelligence (SIGINT) and EW capabilities to soldiers at the tactical edge. This state-of-the-art technology provides BCT commanders with a robust tactical advantage across multi-domain operations.
About CACI
At CACI International Inc (NYSE: CACI), our 25,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers' greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at www.caci.com.
There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI's Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
General Dynamics Board Declares Dividend
RESTON, Va. , June 4, 2025 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.50 per share on the company's common stock, payable August 8, 2025, to shareholders of record on July 3, 2025. General Dynamics is a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 110,000 people worldwide and generated $47.7 billion in revenue in 2024. More information about General Dynamics is available at View original content to download multimedia: SOURCE General Dynamics Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
29 minutes ago
- Business Wire
Angel or Adversary: Deep Instinct Research Highlights the Double-Edged Sword of AI in Cybersecurity
NEW YORK--(BUSINESS WIRE)-- Deep Instinct, the preemptive data security company built on the first and only AI-based deep learning framework for cybersecurity, today released the sixth edition of its Voice of SecOps Report, which delves into the growing influence of AI in business, with a focus on its impact on Security Operations (SecOps). While AI adoption is accelerating, the findings uncover a more complex reality: security teams are limited by knowledge gaps, inconsistent implementation, and mounting operational pressures as they face an increasingly treacherous, AI-driven threat landscape. The research, ' Cybersecurity & AI: Promises, Pitfalls – and Prevention Paradise,' found that nearly three-quarters (72%) of organizations have revised their cybersecurity strategies over the past year due to AI, and a whopping 86% have increased their use of AI within SecOps. Despite the investments, two-thirds of respondents were confused about fundamental AI definitions, with 38% unable to differentiate between machine learning and deep learning – signaling an alarming knowledge gap in the industry. Additional key findings from the report include the following: AI-Powered Cyber Threats Drive a Focus on Prevention As cybercriminals build and adopt AI tools, the nature and scale of attacks have drastically evolved and expanded. Nearly half (46%) of organizations experienced an uptick in targeted phishing attacks, while 43% reported deepfake impersonation attempts. Attacks on local or cloud storage were also a growing concern, cited as a top risk by 83% of respondents, second only to phishing (84%). In response to these AI-powered attacks, 82% of organizations say they have shifted toward a prevention-first security strategy, with 64% noting a direct push from the C-suite to adopt more proactive defense measures. Benefits of AI in Cybersecurity Roles Are Clear, Yet It Unexpectedly Contributes to Burnout SecOps teams appear to be reaping the benefits of AI, with 76% stating it makes their roles easier while saving security teams an average of 12 hours per week on manual processes. However, while GenAI may be simplifying some aspects of SecOps workloads, nearly 70% of security professionals believe AI also contributes to burnout. Regulatory complexity adds another layer of strain, with 32% citing difficulties in keeping up with increasing AI-related policies, and an additional 37% fearing AI-related regulations are a financial penalty waiting to happen. Preemptive Data Security: The New Imperative In the face of mounting threats, operational burnout, and AI confusion, preemptive data security – a subset of Gartner's recently introduced preemptive cybersecurity market category – offers a definitive path forward. By harnessing the power of deep learning to prevent threats before they execute, organizations will reduce risk, ease the burden on SecOps teams, and stay ahead of relentless adversaries. 'The traditional 'detect and respond' cybersecurity model is broken – it's reactive, expensive, and no match for AI-powered threats,' said Lane Bess, CEO of Deep Instinct. 'To win this fight, cybersecurity teams must shift from chasing threats to preventing them. Preemptive data security – powered by deep learning, the most advanced form of AI – is the only way for SecOps teams to regain control and stay ahead of adversaries.' To get the full report and download past Voice of SecOps reports, please visit s. Then register for our webinar, Cybersecurity & AI: Promises, Pitfalls – and Prevention Paradise (2025 Voice of SecOps Research), to learn about the top findings from this year's report. Survey Methodology Sapio Research surveyed 500 senior cybersecurity experts from companies with 1000+ employees in the U.S. The interviews were conducted online in April 2025 using an email invitation and an online survey. Respondents worked at organizations that operated in either financial services, technology, manufacturing, retail, healthcare, public sector, or critical infrastructure (such as telecoms, energy, utilities, and transportation). For this specific report, the C-suite is defined as those who hold chief, global, head of department, or director roles, while reports are those who hold a manager, administrator, analyst, team lead, or officer role. About Deep Instinct Deep Instinct, the first and only preemptive data security company built on a deep learning cybersecurity framework, prevents unknown threats in <20 milliseconds, 750X faster than the fastest ransomware can encrypt. Deep Instinct Data Security X (DSX) secures data at-rest or in-motion – across cloud, NAS, applications, and endpoints. DSX Brain, Deep Instinct's deep learning framework, prevents zero-day threats that no one else can find, with >99% accuracy and a <0.1% false positive rate. DIANNA, the DSX Companion, leverages GenAI to provide unparalleled explainability into unknown threats in <10 seconds. For more, visit
Yahoo
40 minutes ago
- Yahoo
Why CoreWeave Rocketed 170% in May
CoreWeave rallied in May off of the April "liberation day" bottom. The company held its first earnings release, beating expectations and raising guidance. Nvidia disclosed that it raised its investment in the company. 10 stocks we like better than CoreWeave › Shares of CoreWeave (NASDAQ: CRWV) rocketed 169.5% in May, according to data from S&P Global Market Intelligence. CoreWeave had a busy month, not only recovering from April's "Liberation Day" along with the rest of the sector, but also holding its first earnings report since its March 28 initial public offering (IPO). Additionally, key customer and supplier Nvidia (NASDAQ: NVDA) disclosed that it had increased its investment in the company. Virtually all technology stocks and artificial intelligence (AI) stocks recovered in a big way after May 12, when the U.S. and China ratcheted down their mutual tariffs for 90 days in order to let trade talks proceed. The sky-high China tariffs had been at the heart of the worries over President Trump's tariff war, which had especially weighed on the semiconductor and AI sectors. Shortly after the rollback of China tariffs, CoreWeave also held its first-ever earnings release. In that release, CoreWeave beat revenue expectations handily. And while earnings per share missed by a lot, that was caused by one-time stock compensation costs associated with the IPO. Moreover, CoreWeave raised its revenue guidance for the year well above analyst estimates, although it also increased its outlook for capital expenditures. While investors had something of a mixed reaction to earnings, most Wall Street analysts raised their price targets afterward. But just days later, CoreWeave saw a massive spike in its stock after it was revealed that AI chip darling Nvidia had increased its investment in the company. That was followed by even larger analyst price target increases the following week. Not only did CoreWeave have a monster month of May, but the stock has also surged to begin June, following news of a 15-year, $7 billion data center expansion agreement with data center operator Applied Digital (NASDAQ: APLD). Given the massive spike in the stock price, there's a degree of meme stock momentum right now in CoreWeave. So investors should be careful with the stock at this valuation, which currently sits at about 15 times this year's revenue outlook. That's a high price for a stock with high investment needs and some substantial risks. One concern is that CoreWeave has to invest substantial amounts in fixed assets ahead of receiving revenues from its contracts. However, it appears investors are encouraged by the more aggressive growth outlook and willing to look past upfront investment needs in fixed costs that will probably require CoreWeave to raise more capital. Another risk that concerns me is the company's circular relationship with Nvidia, which is both a customer and, obviously, a key supplier. While AI demand and demand for Nvidia chips appears quite strong for now, should either demand ever slow down, CoreWeave could run into problems. Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $656,825!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $865,550!* Now, it's worth noting Stock Advisor's total average return is 994% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy. Why CoreWeave Rocketed 170% in May was originally published by The Motley Fool
