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QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques (MTEQ) on a cash-free, debt-free basis for $105 million to be paid in cash on completion. The transaction will more than double the size of QinetiQ™s U.S. operations.  œThe acquisition of MTEQ is a significant step towards...

CACI International (NYSE: CACI) will help the U.S. Navy assess weapon and combat systems under a potential five-year, $70M task order awarded through the service branch's SeaPort-e contract vehicle. The company said Thursday it will work with the Naval Surface Warfare Center, Corona Division, in efforts to  ensure acquisition readiness of...

CACI International (NYSE: CACI) has won a potential $249.9M indefinite-delivery/indefinite-quantity contract to continue providing post-deployment support for an automated logistics platform being used by the U.S. Marine Corps. The company's federal business will help USMC manage and operate services, sustain systems and maintain a solution dev...

Anne Neuberger, who directs the National Security Agency’s (NSA) new Cybersecurity Directorate, revealed that the NSA will launch a directorate in October to focus on ransomware attacks that could make our upcoming elections vulnerable during Billington CyberSecurity’s 10th Annual Summit last week. Neuberger also discussed NSA&...

On Monday, the House passed a $733 billion defense policy bill, by a 220 to 197 vote, for fiscal year 2020. The lower chamber™s 2020 National Defense Authorization Act is $17 billion less than the president™s budget request. Lawmakers are expected to meet in the coming months to reconcile the House NDAA with the Senate™s...

CACI International (NYSE: CACI), led by President and CEO John Mengucci, is sponsoring the 12th edition of the Asymmetric Threats symposia series on Oct. 7 in Arlington, Va. The forum seeks to serve as a platform to share insights and ideas on how to address global threats to U.S. national security....

A new Wells Fargo Securities report says CACI International (NYSE: CACI) has reached the milestone of 10 percent earnings before interest, tax, depreciation and amortization margin. WFS Managing Director Ed Caso and Associate Analyst Justin Donati forecast that win rates will drive organic growth at the Arlington, Va.-based government contractor....