Military Contractor CACI Says Afghanistan Withdrawal Is Hurting Its Profits. It’s Funding a Pro-War Think Tank. | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

Military Contractor CACI Says Afghanistan Withdrawal Is Hurting Its Profits. It’s Funding a Pro-War Think Tank.

On August 12, the military contractor CACI International Inc. told its investors that the U.S. withdrawal from Afghanistan is hurting its profits. The same contractor is also funding a think tank that is concurrently arguing against the withdrawal. This case is worth examining both because it is routine, and because it highlights the venality of our ?“expert”-military contractor feedback loop, in which private companies use think tanks to rally support for wars they’ll profit from.

The contractor is notorious to those who have followed the scandal of U.S.-led torture in Iraq. CACI International was sued by three Iraqis formerly detained in Abu Ghraib prison who charge that the company’s employees are responsible for directing their torture, including sexual assault and electric shocks. (The suit was brought in 2008 and the case is still ongoing.)

In 2019, CACI International was awarded a nearly $907 million, five-year contract to provide ?“intelligence operations and analytic support” for the U.S. Army in Afghanistan.

During an August 12 earnings call, CACI International noted repeatedly that President Biden’s withdrawal from the 20-year Afghanistan War harmed the company’s profits. John Mengucci, president and CEO of CACI International, said, ?“we have about a 2 percent headwind coming into FY 2022 because of Afghanistan.” A ?“headwind” refers to negative impacts on profits.

Afghanistan was mentioned 16 times throughout the call?—?either in reference to the dent in profits, or to assure investors that other areas of growth were offsetting the losses. For example, Mengucci said, ?“We’re seeing positive growth in technology and expect it to continue to outpace expertise growth, collectively offsetting the impact of the Afghanistan drawdown.”

Comments

The pro-war think tank's other funders include...

George

...General Dynamics and Microsoft.

This puts Microsoft into a whole new light.

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