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CACI Expects Big Boost To IT Capabilities With Acquisition Of L-3’s NSS Segment

Cal Biesecker By
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CACI Expects Big Boost To IT Capabilities With Acquisition Of L-3’s NSS Segment
CACI President and CEO Ken Asbury

CACI International [CACI] on Tuesday said it has agreed to acquire most of the National Security Solutions segment of L-3 Communications [LLL] for $550 million in cash in a deal that that will significantly expand the company’s capabilities in large enterprise information technology and mission systems IT programs.CACI officials expect the acquisition, which will be financed through a combination of existing and new credit facilities, to close in late January or February 2016 subject to regulatory approval. CACI said that…

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