CACI said Monday it expects NSS, a mission services provider for the government sector, to contribute about $1 billion in annual revenue.
Ken Asbury, president and CEO of CACI, noted the company aims to pursue large contract opportunities in the federal IT marketplace following the acquisition.
“The completion of the divestiture of NSS reflects our commitment to sharpening our focus on our core defense electronics, ISR and communications businesses, “ Michael Strianese, L-3 chairman and CEO, said in a statement published Monday.
The transaction is also projected to be accretive in CACI’s earnings by at least 10 percent per share during its fiscal 2017.
Virtualitics announced on LinkedIn Saturday that Nicole Diresta has been appointed vice president for public policy and planning. Diresta will oversee initiatives…
J2 Ventures has closed its $250 million Brookhaven Fund, an oversubscribed early-stage investment vehicle focused on dual-use technologies critical to…
The Department of Homeland Security’s Immigration and Customs Enforcement has started soliciting proposals for a potential two-year, $180 million contract…
The Department of Defense is conducting market research to assess industry capability and interest in supporting a planned indefinite-delivery/indefinite-quantity contract…
CACI International (NYSE: CACI) has completed its $550 million cash acquisition of the National Security Solutions business from L-3 Communications (NYSE: LLL) as part of a growth strategy to target enterprise information technology and intelligence markets.
