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Homeland Security

CACI Acquires ISR, Drone Security Company Ascent Vision Technologies

Cal Biesecker By
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CACI Acquires ISR, Drone Security Company Ascent Vision Technologies
Ascent Vision Technologies' XMADIS Marine Air Defense Integrated System. Photo: AVT

CACI International [CACI] this month acquired Ascent Vision Technologies (AVT), which develops and produces counter-unmanned aircraft systems (CUAS) and imaging systems for military customers. CACI paid $350 million for AVT, a deal that includes an expected $40 million net tax asset that brings the enterprise value of the transaction down to $310 million. CACI expects the new business to bring in about $50 million in sales during the next 10-plus months remaining in its fiscal year 2021. AVT, which is…

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