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.

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