CACI International reports increased sales, profit

By Marjorie Censer / August 18, 2016 at 9:36 AM

CACI International said today sales in the company's most recent quarter hit $1.1 billion, up nearly 29 percent from the same three-month period a year earlier.

The revenue boost was primarily attributed to the company's acquisition of L-3 Communications' national security solutions business.

CACI also reported quarterly profit of $43.6 million, up about 5 percent from the prior year.

For the year, the company reported sales of $3.7 billion, up about 13 percent from the prior year. Profit hit nearly $143 million, also up about 13 percent.

The company said the boost provided by NSS was offset by $14 million in one-time, pre-tax acquisition-related expenses. During the year, NSS contributed $427 million in sales and nearly $19 million in profit.

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