CACI International Inc (NYSE:CACI) Q3 2024 Earnings Call Transcript

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John Mengucci: Yeah, Louie, thanks. Yeah, so two key points to that. It’s an open architecture solution. Many people claim it. We actually deliver it, okay. It’s open architecture because we want other companies who can decrypt different signals that they’re finding with their gear to come up with what’s the signature and then what is the effect you can apply to whatever that is, so that you can protect surface ships. So one, based on the open architecture, yes, we have a long history ahead. Two, the fact that we can make software changes based on the threat makes us a highly capable company as you go out into the future. We’re having a lot of talks around Counter-UAS at all levels of the DoD and the intelligence community. A lot of that work is based on the GOTS software baseline that the government owns.

We created it for them over — over more than a couple of decades. We start with that and we’re continually adding to that. So, you know, to your point as the threat changes as we’ve all witnessed, when those threats change we’re able to collect, decrypt, put solutions in that can counter those within a matter of hours versus, you know, the old style was take a surface ship into port, share the hardware out, put more racks of hardware in, do six or seven each year, you can’t maintain a fleet given that where the threat is gone. So, we are exactly where we wanted to be, a software-based company. It is our super power, we look to make it our customer’s super power as we’ll start to continue to change it. Thanks. Thanks for that question.

Louie DiPalma: Great. And on this same topic of drone warfare, is CACI involved in the official JADC2 program, on both the hardware and software side? In the past you’ve discussed your role on several data analytics software programs with your Agile solutions factory and you obviously provide many different types of signals intelligence sensors across many programs. And recently the Department of Defense has been on Bloomberg talking about how they have their first version of JADC2 with algorithmic warfare. Are you involved in that program?

John Mengucci: Yes, there are a lot of folks who are involved in JADC2 as it starts to build out and we all understand it better. You know, I would say an OV-1 level, yes we’re absolutely involved right every sensor, every shooter, will at the end of the day be involved. But it’s our belief there’s a lot of building blocks that get the DoD to that, and then get to the cross service model. DC — DCGS, whether it’s DCGS, Navy DCGS, Air Force DCGS-SOF, which is where a lot of everything we know about is put into this massively large library. We have a phenomenal team in Omaha that really works on DCGS Air Force. Spectral is an example of a lot of those JAD, JADC2 components. But how do you pull in from other sensors that may have seen this threat in the past?

It’s flying over, you know surface ship X and how do we bring that signature and then exploit in quickly and provide that to the ship’s commander. So yeah, so we’re very much connected on our technology side. It’s all things JADC2 and it’s at the building block level today. I’m certain that as more building blocks get added, we’ll be a — you know, a key component of what DoD eventually delivers.

Louie DiPalma: Great. Thanks so much.

Operator: There are no further questions. I will now turn the conference back to John Mengucci for closing remarks.

John Mengucci: Thanks, Dennis, and thank you for your help on today’s call. Look, we’d like to thank everyone who dialed-in or listened to the webcast for their participation. We know that many of you will have follow-up questions and Jeff MacLauchlan, George Price and Jim Sullivan are available after today’s call. Please stay healthy and all my best to you and your families. That concludes our call.

Operator: This concludes today’s conference call. We thank you all for participating and you may now disconnect.

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