CACI Celebrates its 50th Anniversary of Success

Last week, CACI International Inc marked its 50th year of innovation in the world of information technology and business. Listed as one of Fortune’s 1000 Largest Companies in the world with over 13,000 employees, CACI has been a key asset in providing businesses beneficial solutions in a range of areas including defense, homeland security, intelligence and IT modernization and government transformation.

Headed by Dr. J.P. (Jack) London, chairman of the board and executive chairman of the company, CACI attributes its success to its talented workforce, innovative services to its clients and a solid corporate culture. Under London’s watch, CACI transformed from a professional services firm to a competitive network services provider.

“CACI has become a major competitor in the federal marketplace because of our strategic vision and vigilance in anticipating and leveraging marketplace trends,” said London, who has been with CACI for over 40 years. “These outstanding attributes have directly sustained and fueled our success, and I know they will continue to do so year after year.”

London joined the company in 1972 as a program manager. He expanded the corporation to new markets and launched CACI’s strategic mergers and acquisitions program, through where 50 acquisitions have been made to date. Being a firm believer in rewarding his employees, London introduced an employee awards and recognition program in 1981 as well.

CACI was originally founded by two visionaries – Harry Markowitz and the late Herb Karr, who developed a public domain software language called SIMSCRIPT, in which they trained their employees. In less than ten years, CACI quickly became a publicly traded corporation with revenue of more than $1 billion.

Today, CACI provides an array of IT and professional services in its 120 offices worldwide. The company’s revenue has reached a total of $3.15 billion for the 2010 fiscal year and is projected to range from $3.5 to $3.6 billion for the upcoming fiscal year. Its stock prices are also at their highest in more than five years.

According to Paul Cofoni, CACI’s president and CEO, CACI was founded with an innovative vision and dedication to excellence.

“We pride ourselves on our unwavering commitment to national service and the critically important IT solutions and professional services we provide for our clients,” Cofoni said. “We look forward to many more years of continued growth and success.”

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