CACI, ManTech reports sales, profit boosts

Services contractors CACI International and ManTech International both this week reported increases in quarterly sales and profit.

CACI International said sales during the most recent three-month period reached $1.3 billion, up close to 13% from the same period a year earlier. The company's quarterly profit hit $68.1 million, up 6% from the prior year.

CACI attributed its sales growth to “acquired revenue, new business wins, and on-contract growth.” The contractor said its profit benefited from lower 2019 tax rates.

ManTech International said this week sales in its most recent quarter reached $502 million, up 6% from the same three-month period a year earlier.

The company's quarterly profit hit $21.1 million, up nearly 5% from the prior year.