CACI adds three companies

By Marjorie Censer / November 1, 2019 at 10:04 AM

CACI International said this week it acquired three companies in October for a total purchase price of about $105 million.

CACI picked up Next Century, which specializes in geospatial mapping, data fusion and machine learning for defense and intelligence agencies; Linndustries Shielding Specialties, which makes hardened systems to fend off high-altitude electromagnetic pulses; and Deep3, which offers data analytics, digital transformation and cybersecurity in the United Kingdom.

Meanwhile, CACI announced that sales in its most recent quarter reached nearly $1.4 billion, up almost 17% from the same three-month period a year earlier. The company recorded quarterly profit of $68 million, down about 14% from the prior year.

CACI attributed its profit decline to "unusually strong results last year due to product sales timing and other one-time benefits."