ICF International Secures $800 Million Defense Contract
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Should l Buy ICFI?
Source: seekingalpha
- Significant Contract Value: ICF International has been awarded a blanket purchase agreement with the U.S. Defense Counterintelligence and Security Agency, with a ceiling value of $800 million, demonstrating the company's strong competitiveness and market recognition in the defense sector.
- Competitive Opportunities: This five-year contract will see 12 companies competing for task orders, allowing ICF to bid on software engineering and system upgrades, leveraging advanced technologies such as cloud design and zero trust architecture.
- System Modernization Goals: The program aims to enhance the performance, scalability, and security of government workforce vetting systems, with ICF's involvement contributing to the digital transformation of government and improving public safety.
- Future Growth Potential: ICF anticipates that this contract will further drive its non-federal revenue growth, particularly in the expanding commercial energy sector, thereby strengthening the company's long-term competitiveness in the market.
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Analyst Views on ICFI
Wall Street analysts forecast ICFI stock price to rise
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 67.570
Low
82.00
Averages
99.67
High
115.00
Current: 67.570
Low
82.00
Averages
99.67
High
115.00
About ICFI
ICF International, Inc. is a global consulting and technology services company. The Company provides professional services and technology-based solutions to government and commercial clients, including management, technology, and policy consulting and implementation services. Its services include advisory services, program implementation services, analytics services, digital services, and engagement services. Its advisory services include research critical policy, industry, and stakeholder issues, trends, and behavior. The program implementation services identify, defines, and implements policies, plans, programs, and business tools. The analytics services conduct survey research and collect and analyze varieties and large volumes of data to understand critical issues and options for its clients and provide actionable business intelligence. Its digital services design, develop, and implement technology systems and business tools and cybersecurity solutions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
ICF International Secures $800 Million Defense Contract
- Significant Contract Value: ICF International has been awarded a blanket purchase agreement with the U.S. Defense Counterintelligence and Security Agency, with a ceiling value of $800 million, demonstrating the company's strong competitiveness and market recognition in the defense sector.
- Competitive Opportunities: This five-year contract will see 12 companies competing for task orders, allowing ICF to bid on software engineering and system upgrades, leveraging advanced technologies such as cloud design and zero trust architecture.
- System Modernization Goals: The program aims to enhance the performance, scalability, and security of government workforce vetting systems, with ICF's involvement contributing to the digital transformation of government and improving public safety.
- Future Growth Potential: ICF anticipates that this contract will further drive its non-federal revenue growth, particularly in the expanding commercial energy sector, thereby strengthening the company's long-term competitiveness in the market.
See More
ICF to Release Q1 2026 Financial Results on May 7
- Earnings Release Schedule: ICF plans to release its Q1 2026 financial results after market close on May 7, showcasing the company's latest performance in the global solutions and technology sector.
- Webcast Timing: The company will host a webcast call at 4:30 p.m. Eastern Time on May 7 to discuss the financial results, which is expected to attract active participation from analysts and institutional investors.
- Participation Registration Process: Analysts and institutional investors must register online to receive dial-in information and a unique PIN, ensuring smooth access to the call, reflecting the company's commitment to investor communication.
- Replay Availability: A replay of the webcast will be available for one year following the event, allowing investors who cannot participate live to access the information, thereby enhancing transparency and information accessibility.
See More
ICF to Participate in Virtual Sustainability Summit
- Executive Participation: ICF's President Anne Choate and Senior VP David Pickles will participate in a virtual fireside chat on March 12 at 8:00 AM ET, showcasing the company's leadership in sustainability.
- Live Webcast: The chat will be available via live webcast, with a replay accessible for 90 days post-event, ensuring broader audience engagement and enhancing the company's influence on sustainability topics.
- Company Background: ICF is a leading global solutions and technology provider with approximately 9,000 employees, dedicated to assisting public and private sector clients in navigating complex challenges, demonstrating strong industry expertise and innovative capabilities.
- Forward-Looking Statements: ICF cautions investors about the risks associated with forward-looking statements, including reliance on U.S. federal government contracts and business integration challenges, emphasizing a cautious approach in uncertain environments.
See More
ICF International Declares $0.14 Quarterly Dividend
- Quarterly Dividend Announcement: ICF International has declared a quarterly dividend of $0.14 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy, which is expected to bolster investor confidence.
- Dividend Yield: The forward yield of this dividend stands at 0.7%, which, while relatively low, still offers appeal to income-seeking investors, reflecting the company's resilience in the current market environment.
- Payment Schedule: The dividend is payable on April 14, with a record date of March 27 and an ex-dividend date also set for March 27, ensuring that shareholders receive timely returns and enhancing their willingness to hold shares.
- Future Growth Target: ICF International aims for over 10% non-federal revenue growth in 2026, particularly through expansion in the commercial energy sector, demonstrating the company's positive outlook and strategic positioning for future market opportunities.
See More
ICF (ICFI) Q4 2025 Earnings Call Transcript
See More
ICF International Q4 2025 Earnings Call Insights
- Revenue Growth Outlook: ICF International projects 2026 revenues between $1.89 billion and $1.96 billion, reflecting approximately 3% growth year-over-year, with non-federal clients expected to account for over 60% of total revenues, indicating strong growth potential in the non-federal market.
- Commercial Energy Performance: Revenues from commercial energy clients grew by 24% in 2025, reaching nearly $550 million in Q4, reinforcing ICF's market leadership with a 35% share in residential energy efficiency, showcasing its competitive strength in the energy sector.
- Financial Resilience: Total revenue for Q4 was $443.7 million, down 10.6% year-over-year, yet the adjusted EBITDA margin remained stable at 10.4%, demonstrating the company's resilience and profitability amid challenging conditions.
- Strong Business Pipeline: ICF's business development pipeline stands at $8.6 billion with a backlog of $3.4 billion, highlighting the company's growth potential and market opportunities, particularly in IT modernization and non-federal client sectors.
See More
ICF International Secures $800 Million Defense Contract
- Significant Contract Value: ICF International has been awarded a blanket purchase agreement with the U.S. Defense Counterintelligence and Security Agency, with a ceiling value of $800 million, demonstrating the company's strong competitiveness and market recognition in the defense sector.
- Competitive Opportunities: This five-year contract will see 12 companies competing for task orders, allowing ICF to bid on software engineering and system upgrades, leveraging advanced technologies such as cloud design and zero trust architecture.
- System Modernization Goals: The program aims to enhance the performance, scalability, and security of government workforce vetting systems, with ICF's involvement contributing to the digital transformation of government and improving public safety.
- Future Growth Potential: ICF anticipates that this contract will further drive its non-federal revenue growth, particularly in the expanding commercial energy sector, thereby strengthening the company's long-term competitiveness in the market.
See More
ICF to Release Q1 2026 Financial Results on May 7
- Earnings Release Schedule: ICF plans to release its Q1 2026 financial results after market close on May 7, showcasing the company's latest performance in the global solutions and technology sector.
- Webcast Timing: The company will host a webcast call at 4:30 p.m. Eastern Time on May 7 to discuss the financial results, which is expected to attract active participation from analysts and institutional investors.
- Participation Registration Process: Analysts and institutional investors must register online to receive dial-in information and a unique PIN, ensuring smooth access to the call, reflecting the company's commitment to investor communication.
- Replay Availability: A replay of the webcast will be available for one year following the event, allowing investors who cannot participate live to access the information, thereby enhancing transparency and information accessibility.
See More
ICF to Participate in Virtual Sustainability Summit
- Executive Participation: ICF's President Anne Choate and Senior VP David Pickles will participate in a virtual fireside chat on March 12 at 8:00 AM ET, showcasing the company's leadership in sustainability.
- Live Webcast: The chat will be available via live webcast, with a replay accessible for 90 days post-event, ensuring broader audience engagement and enhancing the company's influence on sustainability topics.
- Company Background: ICF is a leading global solutions and technology provider with approximately 9,000 employees, dedicated to assisting public and private sector clients in navigating complex challenges, demonstrating strong industry expertise and innovative capabilities.
- Forward-Looking Statements: ICF cautions investors about the risks associated with forward-looking statements, including reliance on U.S. federal government contracts and business integration challenges, emphasizing a cautious approach in uncertain environments.
See More
ICF International Declares $0.14 Quarterly Dividend
- Quarterly Dividend Announcement: ICF International has declared a quarterly dividend of $0.14 per share, consistent with previous distributions, indicating the company's stable cash flow and shareholder return strategy, which is expected to bolster investor confidence.
- Dividend Yield: The forward yield of this dividend stands at 0.7%, which, while relatively low, still offers appeal to income-seeking investors, reflecting the company's resilience in the current market environment.
- Payment Schedule: The dividend is payable on April 14, with a record date of March 27 and an ex-dividend date also set for March 27, ensuring that shareholders receive timely returns and enhancing their willingness to hold shares.
- Future Growth Target: ICF International aims for over 10% non-federal revenue growth in 2026, particularly through expansion in the commercial energy sector, demonstrating the company's positive outlook and strategic positioning for future market opportunities.
See More
ICF (ICFI) Q4 2025 Earnings Call Transcript
See More
ICF International Q4 2025 Earnings Call Insights
- Revenue Growth Outlook: ICF International projects 2026 revenues between $1.89 billion and $1.96 billion, reflecting approximately 3% growth year-over-year, with non-federal clients expected to account for over 60% of total revenues, indicating strong growth potential in the non-federal market.
- Commercial Energy Performance: Revenues from commercial energy clients grew by 24% in 2025, reaching nearly $550 million in Q4, reinforcing ICF's market leadership with a 35% share in residential energy efficiency, showcasing its competitive strength in the energy sector.
- Financial Resilience: Total revenue for Q4 was $443.7 million, down 10.6% year-over-year, yet the adjusted EBITDA margin remained stable at 10.4%, demonstrating the company's resilience and profitability amid challenging conditions.
- Strong Business Pipeline: ICF's business development pipeline stands at $8.6 billion with a backlog of $3.4 billion, highlighting the company's growth potential and market opportunities, particularly in IT modernization and non-federal client sectors.
See More
