CACI Acquires Three Mission Tech Companies

Jeff Brody

CACI International (NYSE: CACI) completed the acquisition of three companies in October for approximately $105M as part of efforts to expand its strategic capabilities in technology and mission areas.

CACI said Wednesday the acquired companies are mission technology firms Next Century, Linndustries Shielding Specialties and Deep3.

Next Century provides predictive analytics, machine learning, data fusion and geospatial mapping support for the Department of Defense and the intelligence community, while Linndustries offers hardened systems to provide protection from electromagnetic interference.

Deep3 delivers data analytics, cybersecurity, application development and digital transformation services to U.K. defense and national security agencies. It will be part of CACI’s operations in the U.K.

CACI expects the acquisitions to be accretive to fiscal year 2020 and add about $3M in net income and $50M in revenue to the rest of the fiscal year.

The Arlington, Va.-based government tech contractor reported a 16.9 percent growth in revenue and $4B in contract awards during the first quarter of FY 2020, of which 60 percent accounts for new business.

You may also be interested in...

William Conley CTO Mercury Systems

Mercury Systems’ William Conley Joins NDIA Central Georgia Chapter Board

William Conley, chief technology officer of Mercury Systems (Nasdaq: MRCY), has been named to the board of directors for the National Defense Industrial Association's Central Georgia chapter. He will serve as a board member for a term of up to six years, Mercury Systems said Thursday.

Cloud IT

DHS Posts $3B Data Center, Cloud Solicitation

The Department of Homeland Security has issued a request for proposals for its indefinite-delivery/indefinite-quantity Data Center and Cloud Optimization contract worth potentially $3.35B over 10 years.