CACI, L-3 Close $550M Deal on National Security Solutions Business; Ken Asbury Comments

Ken Asbury

Ken Asbury

TYSONS CORNER, VA, February 3, 2016 — CACI International (NYSE: CACI) and L-3 Communications (NYSE: LLL) have closed their $550 million transaction on the former’s acquisition of L-3 National Security Solutions, GovCon Wire reported Tuesday.

CACI said Monday its new NSS unit has a projected annual revenue of $1 billion for the remainder of the company’s fiscal year 2016.

“CACI’s acquisition of National Security Solutions is of great strategic value to our company,” said Ken Asbury, president and CEO of CACI.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA.

David Smith
(703) 226-7002


This entry was posted in News and tagged , , , , , , , , , , , . Bookmark the permalink.