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CACI Drops Acquisition Bid for CSRA; Ken Asbury Comments

CACI International (NYSE: CACI) has withdrawn its bid to purchase CSRA (NYSE: CSRA) for $44.00 per share in cash and stock, or approximately $7.2 billion. “We will continue our aggressive pursuit of strategic opportunities, judiciously and without engaging in auctions at uneconomic levels,” CACI CEO Ken Asbury said in a statement …

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CACI Offers $7.2B Cash & Stock for CSRA

CACI International (NYSE: CACI) has offered to acquire CSRA (NYSE: CSRA) for approximately $7.2 billion in cash and stock, or $44.00 per share, in a bid to form a combined entity that will deliver mission services and enterprise support offerings to government clients. Arlington, Virginia-based CACI said Sunday its board …

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CACI, ManTech Win Spots on $17.5B DISA Encore III IT Services IDIQ; Ken Asbury, Daniel Keefe Comment

CACI International (NYSE: CACI) and ManTech International (Nasdaq: MANT) have secured positions on a potential 10-year, $17.5 billion contract vehicle for information technology platforms and services awarded by the Defense Information Systems Agency. CACI said Thursday it will provide IT services to help the Defense Department and other federal agencies …

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CACI Eyes Business Expansion With New OKC Shared Services Center; Ken Asbury Comments

TYSONS CORNER, VA, March 15, 2018 — CACI International (NYSE: CACI) is set to open a shared services hub in Oklahoma City as part of efforts to centralize some transactional functions and streamline service delivery to customers, ExecutiveBiz reported. The company said the Shared Services Center is anticipated to become operational …

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The Acacia Group Splits Intelligent Decisions Into 2 Independent Companies

Investment firm The Acacia Group has acquired Intelligent Decisions and split the Ashburn, Virginia-based federal information technology contractor into two independent companies as part of its strategy to seek growth opportunities in the federal market. One of the two companies – ID Technologies – will focus on products and combine …

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CACI Board Member Lands West Point ‘Distinguished Graduate Award’

TYSONS CORNER, VA, Feb. 21, 2018 — CACI International (NYSE: CACI) Board Member William Scott Wallace, a retired U.S. Army general, has received recognition as a graduate of the U.S. Military Academy at West Point, GovCon Executive reported Tuesday. The company said Tuesday Wallace, who has served on the board of directors …

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CACI Unit to Provide Technical Services for NAWCAD Special Comms Division

TYSONS CORNER, VA, Jan. 18, 2018 — A business unit of CACI International (NYSE: CACI) will support the Naval Air Warfare Center Aircraft Division’s special communications mission solutions division under an $18.2 million contract modification from the U.S. Navy, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday CACI’s integrated security solutions team will …

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CACI to Provide Financial Mgmt, Systems Support to DEA Under New BPA

TYSONS CORNER, VA, Dec. 27, 2017 — CACI International (NYSE: CACI) will offer acquisition, financial management and other services in support of the Drug Enforcement Administration‘s enforcement and demand reduction mission under a new blanket purchase agreement, ExecutiveBiz reported Friday. The company said Thursday the BPA serves to extend its existing work …

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CACI Plans Machine Learning, Electronic Warfare Investments; Ken Asbury Comments

TYSONS CORNER, VA, Nov. 13, 2017 — CACI International (NYSE: CACI) CEO Ken Asbury has said the company is exploring investments in the areas of machine learning and electronic warfare as it aims to build on its product portfolio for intelligence services, ExecutiveBiz reported Nov. 3. CRN reported Nov. 2 that …

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CACI to Update, Support CBP Surveillance System; Ken Asbury Comments

TYSONS CORNER, VA, Nov. 9, 2017 — CACI International (NYSE: CACI) will help update, operate and maintain the Customs and Border Protection agency’s Air and Marine Operations Surveillance System under a potential $34.5 million task order, ExecutiveBiz reported Nov. 1. The company said Nov. 1 it will facilitate software updates and support …

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