CACI acquires C-Cubed

CACI International Inc. completed its acquisition of C-Cubed Corp. Terms were not disclosed, but a CACI statement said the transaction is expected to boost the company's performance for the fiscal year ending June 30, 2004.

Springfield, Va.-based C-Cubed provides support for command, control, communications, computers, intelligence, surveillance and reconnaissance initiatives for clients in the Defense Department and civilian and intelligence agencies.

C-Cubed offers solutions in five areas: network enterprise solutions, systems integration, integrated logistics support, combat systems and deep submergence engineering. Most of its 400 employees hold high-level security clearances.

For its fiscal year ending June 30, C-Cubed had revenue of $49 million and operating income of $3.2 million. CACI employs about 6,500 people and had revenue of $681.9 million in 2002. The company was ranked No. 19 on the Washington Technology Top 100 list.