CACI International [CACI] on Wednesday said it has acquired Ascent Vision Technologies (AVT), which develops and produces counter-unmanned aircraft systems (CUAS) and imaging systems for military customers.
Terms of the deal were not disclosed. CACI is expected to discuss the transaction during its fourth quarter earnings call on Thursday morning.
AVT, which is based in Montana, provides its eXpeditionary Mobile Air Defense Integrated System (X-MADIS) and L-MADIS CUAS solutions to the U.S. Air Force and Marine Corps. CACI already has a CUAS solution based on its CORIAN platform.
AVT also has capabilities and products in low size, weight, power and cost for electro-optical, infrared (EO/IR) imaging systems used in airborne, ground and maritime platforms. The technology is used for intelligence, surveillance, reconnaissance and target acquisition for day and night operations.
“The combining of AVT’s EO/IR and X-MADIS technologies with CACI’s signals intelligence, electronic warfare, and CORIAN capabilities will deliver continued differentiation to customers,” CACI said. “Our open-source, system-of-systems architectures provide interoperability and speeds new capabilities to customers in the defense and security markets. AVT adds to CACI’s U.S. Army and Navy presence with the U.S. Air Force and Marine Corps, as well as international customers.”
In June, AVT said it had received a contract from Thailand’s Defence Technology Institute to provide the X-MADIS to protest critical assets from small UAS.
AVT says that dozens of X-MADIS systems are deployed and operating worldwide.
“The synergies between AVT and CACI’s offerings establish unparalleled technologies and capabilities in this growing area of ISR and CUAS within CACI’s business,” John Mengucci, CACI’s president and CEO, said in a statement.
AVT’s financial adviser on the deal was Jefferies LLC.