CACI International Awarded $124M Canadian Armed Forces Contract for Counter-Drone Systems

CACI International Inc. (NYSE:CACI) is one of the best IT stocks to invest in according to hedge funds. On August 25, CACI International announced it was awarded 2 contracts with the Canadian Armed Forces/CAF. These contracts are part of the second phase of the Counter Uncrewed Aircraft System/C-UAS Urgent Operational Requirement/UOR. The contracts, with a total value of ~$124 million, will provide a light-armored tactical C-UAS vehicle platform and up to 10 years of support. The new technology aims to pr ...