Hello, Guest!

CACI’s Buying Spree Rolls On: Intends to Acquire Applied Systems Research; CEO Paul Cofoni Comments

Paul Cofoni

CACI (NYSE: CACI) has a deal in place to acquire Applied Systems Research, Inc. (ASR)

The move comes on the heels of CACI’s announced plan to purchase TechniGraphics; a move aimed at strengthening the firm’s geospatial and technical intelligence offerings.

According to CACI, “ASR is a 50-person company headquartered in Fairfax, Va.  The company’s core competencies include radar and infrared imaging and interpretation, passive radio frequency signatures, chemical and biological sensors, acoustic sensors, and asymmetric threat detection methodologies.”

ASR also provides professional services at the National Geospatial-Intelligence Agency (NGA).

“Acquisition of Applied Systems Research is another important step in our phased and orchestrated approach to growing our intelligence business, ” CEO Paul Cofoni said. “Combined with our recently announced intent to acquire TechniGraphics, this acquisition makes CACI a key provider of geospatial and technical intelligence to multiple agencies within the national Intelligence Community. ASR’s science, technology, and modeling and simulation expertise bolsters our ability to solve difficult problems in support of intelligence missions that are vital to our nation’s security.”

Video of the Day

Related Articles