Prior predicts 'another wave of consolidation'

Larry Prior, the former chief executive of CSRA, which was sold to General Dynamics earlier this year, said today he expects additional consolidation among government contractors.

Speaking at a breakfast hosted by Washington Technology, Prior said there's a "summer lull" at the moment.

"It feels a little quiet, but I think under the surface there's a lot going on," he said. "You're going to see, I think, another wave of consolidation."

Prior singled out Leidos and CACI International as contractors likely pursuing more acquisitions.

"I think everything around tech services is begging for consolidation, and then everybody's trying to gain advantage in the IT stack," Prior said. "We're just beginning, I think, to consolidate this marketplace."