CACI, ManTech reports sales, profit boosts

May 2, 2019 at 2:14 PM

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.

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