CACI: Internal research spending is 'modest'

CACI International is focused on integrating and applying technology that is, in many cases, developed by others, not in spending significant internal funds on development, the company's chief executive said today.

Speaking at an investor day in New York, Ken Asbury described the company's spending in this area as "modest at this point in time and very focused."

He noted that the company has invested in its SkyTracker product, a set of sensors and processing systems that can identify drones in the air or on the ground as well as track down their handsets.

But, the company frequently relies on the investments of others, Asbury said. For example, it might help companies like Adobe or Amazon Web Services integrate their technologies into the government.

"The solutions that we're talking about are not necessarily home-grown; they would be home-integrated," he said.

Asbury said this effort might prove useful, given the Pentagon's focus on reaching Silicon Valley.

"The folks in Silicon Valley are not going have the mission understanding," he said. CACI will "use somebody else's technical development. We'll invest in the systems integration skills."