CACI International Inc. is an American information technology company that mainly works for the US federal government as 95% of the company contracts are from the federal government. The company headquarters is in Arlington, Virginia. Though it mainly works to provide IT services to the intelligence and the defense department of the government, it operates in different countries to offer custom software and IT services to its customers overseas.
The variety of services offered by CACI International Inc. includes manufacturing of technology systems, custom software development, integration and operations, simulation, and development of the proprietary database as well as software products.
The Back Story CACI International
Herb Karr and Harry Markowitz left their well-paying job at RAND Corporation to establish CACI in 1962. The company was founded on July 17 of the same year, and the main focus of the company was to sell the SIMSCRIPT simulation programming language. SIMSCRIPT is the first simulation programming language, which the two founders had developed at RAND Corporation.
The optimized planning of starting the company brought $34,000 in revenue to the founders in its first year of operations. In 1963, the company bagged a contract from the government to develop an inventory control simulation for the Navy’s Ships Parts Control Center in Mechanicsburg, Pennsylvania. In the first five years, the company released a compiler to translate the SIMSCRIPT programs named Simscript 1.5 and also started to work on information processing systems, QUICK QWERY being their first such proprietary product.
The Growth and Expansion
CACI started with the name California Analysis Center, Inc. and was later changed to Consolidated Analysis Center, Incorporated in 1967. The next year, just in six years of its inception, CACI went public and topped the revenues by $1 million.
For the ten years of its beginning, CACI was offering its services to various departments of the state government like from management of vehicle registration to licensing and wheeled-vehicle revenue support and from false emergency alarm billing systems to housing registration systems. And in 1974, the company put its first step forward to expand in other countries as well. CACI established its first headquarter in Europe, i.e., in The Hague. The other European offices were set up in the major cities in Europe, like London, Dublin, Milan, and Bermuda. This expansion brought the company $1 million of revenues within three years. By the end of the decade, CACI had won contracts from the US Defence and the Department of Justice.
In the 80s, CACI started to expand its operations and entered into the field of IT. During these years, it made revenues worth $100 million annually. In 1988, CACI developed and marketed optical imaging systems for records management as its proprietary product.
The beginning of the 90s made CACI experiment with the emerging networking technology. During the same time, the company made some of the major acquisitions, including American Legal Systems Corp., some shares of the government-owned SofTech, Pinpoint Analysis Ltd. and Miracle Products Ltd., etc. These years brought the company around $200 to $250 million annual revenues. The expansion into the IT sector made CACI start projects in partnership with names like AT&T, IBM, Lockheed Martin, Microsoft, Oracle, Sun Microsystems, and Unisys, etc. By this time, the company had started to deal in computer hardware, software, and database products.
Beginning with the year 2000, CACI made some major investments and acquisitions. In 2002, it also moved from the NASDAQ to the Big Board on the New York Stock Exchange. Till now, the company had opened around 90 offices in the US and Europe. In 2004, the revenues of the company touched the $1 billion mark, and it became a Unicorn company. The average annual revenue for the company has been around $5.7 billion for the past few years, and approximately 23,000 employees are working for the company around the world. The company has been constant in the Fortune 1000 Largest Companies list for many years.
The CEO: John Mengucci
John Mengucci has been serving CACI as the President and Chief Executive Officer (CEO) since July 2019. He is known for his leadership skills as he has been working at some prominent positions at various big-name companies. Mengucci has a bachelor’s degree in Mathematics and Science from Clarkson University, which he completed in 1984. After he completed the bachelor’s degree, he started to work as a software engineer at Babcock & Wilcox in 1984 and then, joined Syracuse University in 1992 to pursue an MBA degree.
In June 2006, Mengucci became the president of the IS&GS-Defense department at Lockheed Martin, and in 2010, he was appointed as the president of the Global Solutions-Civil department of the same company. He then left the company to join CACI in 2012.
Yashica is a Software Engineer turned Content Writer, who loves to write on social causes and expertise in writing technical stuff. She loves to watch movies and explore new places. She believes that you need to live once before you die. So experimenting with her life and career choices, she is trying to live her life to the fullest.