Ken Asbury: CACI’s $550M L-3 NSS Buy Part of Enterprise IT, Intell Market Push

Ken-Asbury-CACI-ExecutiveMosaicTYSONS CORNER, VA, December 10, 2015 — CACI International (NYSE: CACI) CEO Ken Asbury has said the company’s recent acquisition activity works to increase its market presence in enterprise IT and the Intelligence Community, GovCon Wire reported Tuesday.

The report said Asbury told investors CACI’s $550 million purchase of the government services business of L-3 Communications (NYSE: LLL) is aimed toward that segment’s alignment with the company’s operating margin by fiscal 2017.

“We have pursued the potential of [L-3 National Security Solutions] for several years now… We didn’t see a lot of overlap in the NSS pipeline,” Asbury said.

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