Author: Jane Edwards|| Date Published: December 6, 2022
John Mengucci, president and CEO of CACI International (NYSE: CACI), said the company is spending about $35 million annually on independent research and development with a focus on signals intelligence, space and electronic warfare areas, Defense News reported Monday.
He told the publication on the sidelines of a forum in California that several technology-focused deals have pushed the company to increase its spending on IR&D efforts.
CACI acquired Six3 Systems in 2013 and spectrum management and cyber platforms provider LGS Innovations in 2019. The company later purchased technology company SA Photonics.
“They gave us the foundation in tech,” added Mengucci, a three-time winner of the Wash100 Award.
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