Rachel

Rachel asked about CACI's addressable market from the reconciliation bill, focusing on counter-UAS (CEOs) in general and Merlin specifically, and the expected market growth. She also inquired about specific drivers for CACI's mid-teens growth in the civil business despite negative demand environment news.

Answer

CEO John S. Mengucci clarified that counter-UAS is part of CACI's electronic warfare market, with reconciliation funding adding tens of billions to the addressable market. He noted the counter-UAS market is poised for significant growth beyond reconciliation, with numerous acquisition organizations engaging. For the civil business, CEO John S. Mengucci attributed growth primarily to work with Customs and Border Protection (CBP), other DHS work, and the ramp-up of NASA and NCAPS programs, distinguishing it from broader civil market trends.