CACI Headquarters - Arlington, VA
Dr. J.P. (Jack) London, CACI Chairman and CEO awarded Moneyline's CEO of the Week!
Prospects of war are not hurting every company. As the military buildup in Persian Gulf continues, our CEO of the week's company is working with the
troops to secure the communications networks that will be used in the event of a war.
CACI's Jack London is our CEO of the week.
CACI is an information technology company managing secure communications networks around the world. Ninety-two percent of the company's revenue comes from government contracts. Two thirds of that business is with the Department of Defense.
CACI is working closely with U.S. military in the Persian Gulf.
JACK LONDON, CEO, CACI: As they arrive in the country our engineers will be providing network services, because they will be bringing in components that will need new communications capabilities, and when those new capabilities are in place, they become part of a network, then, that we will manage in that particular theater.
HOPKINS: Most of what CACI does is highly classified. We asked what it's doing for the FBI.
LONDON: Things that have to do with communications and that's about all I should say.
HOPKINS: The CIA?
LONDON: I wouldn't dare tell you.
HOPKINS: If CACI is tracking Osama bin Laden.
LONDON: We probably shouldn't be talking about any of this, actually.
HOPKINS: And monitoring Saddam Hussein?
LONDON: Again, I really shouldn't be talking about these things.
HOPKINS: One thing London will gladly talk about, the company's performance.
LONDON: Ten successful growth quarters, one after another. It's a beautiful chart. I love to look at it.
It is an extension, really, of our success over the last five or six years, where we have a record of approximately 20% compounded annual growth year on year.
HOPKINS: Shares of CACI are up more than 130% over the past two years. London expects revenues to soon hit the billion dollar mark.
LONDON: We had a game plan with our board of directors for five years, starting in fiscal 2000, to be a billion dollar company by the end of fiscal '05. I think we're going to beat that.
HOPKINS: Many CACI employees, including London, a retired navy pilot, come from a military background.
LONDON: We've got a kind of a service oriented outfit anyway. A lot of the things they do, they look at as having a definite patriotic dimension to it. They're really doing something for the country.
HOPKINS: Jack London of CACI, our CEO of the week. Congratulations.