CACI International Inc Acquisition of ARKA Group Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Gavin Parsons - UBS AG - Analyst : It seems like there's a lot of classified work here, but you talked about several multi-hundred million dollar programs. I was hoping you could go into a little bit more detail on any of the specifics and the opportunity set for those, if you're able to talk about them.

Question: Gavin Parsons - UBS AG - Analyst : Great. I'll try one more. What are you guys assuming for Golden Dome and what's ARKA's position in there?

Question: John Godyn - Citi Infrastructure Investments LLC - Analyst : Congratulations on the deal. I was hoping maybe you could just give us a little bit of maybe historical context on how this deal came about? Was it, were there other interested parties? Were you part of a bidding situation? Was there a historical relationship with the company? Any kind of useful context would be great, just to add some color to the situation.

Question: John Godyn - Citi Infrastructure Investments LLC - Analyst : That's excellent. And if I could ask one more. Loud and clear in the slides that you expect it to be neutral to adjusted EPS in fiscal '27. I just wanted to sensitize that a bit. If we were to try to brainstorm scenarios more accretive than neutral, what might cause that? What might that look like? Obviously, there's a positive backdrop for space here. I don't know if that could be part of it. But I wanted to just kind of sensitize that comment and brainstorm around it alongside you. LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies. DECEMBER 22, 2025 / 1:30PM, CACI.N - CACI International Inc Acquisition of ARKA Group

Question: Gautam Khanna - TD Cowen - Analyst : Two quick ones. Just curious, is there any recompetes of note to be mindful of here in chunky recompetes over the next 12 to 24 months? And then I did want to just ask to Jeff's point on financing costs, what are you expecting in your model? Are you penciling in 6%, 7%? What should we use as a baseline?

Question: Sheila Kahyaoglu - Jefferies LLC - Analyst : Congratulations on the deal. Maybe a little bit more on the contract, if you can. Any help you could give on just the performance over a period of time, just given 80% fixed price. How they perform, how they managed to generate such high margins? And if you could give us a little bit more detail also on the six contracts that are over $100 million in revenues, that would be helpful, too. LSEG STREETEVENTS | www.lseg.com | Contact Us consent of LSEG. 'LSEG' and the LSEG logo are registered trademarks of LSEG and its affiliated companies. DECEMBER 22, 2025 / 1:30PM, CACI.N - CACI International Inc Acquisition of ARKA Group

Question: Sheila Kahyaoglu - Jefferies LLC - Analyst : Could I ask a follow-up related to the ramp in the programs? Is it fair to assume just 10% growth, and that's what the company grew historically? Or are these large programs helping that drive that double-digit growth going forward?

Question: Noah Poponak - Goldman Sachs Group Inc - Analyst : Can you quantify for us or give us a range on where you'd expect your fiscal '27 net interest expense to land relative to the $180 million to $185 million that you currently have for '26?

Question: Noah Poponak - Goldman Sachs Group Inc - Analyst : Okay. And then can you highlight this being one of a few capable of delivering large complex optical systems. How many other companies can provide these EO/IR payloads in classified national security satellite imaging? And can you talk about how these positions are allocated? Are they decided by satellite manufacturer versus the end customer? And what kind of duration do you have on these platforms once you're on them in this market?

Question: Tobey Sommer - Truist Securities - Analyst : With respect to the company's ARKA's backlog and contract awards, what does the recompete profile look like over the next year or two? And how does the company's optical technology fit, complement and differ from your own existing?

Question: Louie DiPalma - William Blair Capital Partners - Analyst : I was wondering what is the mix of space versus nonspace revenue? And secondly, does ARKA has significant content with SpaceX and the FDA's proliferated warfare space architecture constellation for which they just awarded several large contracts for?