Anteon, CACI join chase for investors

Joseph Kampf, Anteon Corp. president

The stock market continues to look attractive to government information technology companies. Anteon Corp. of Fairfax, Va., has scheduled its initial public offering for today with an opening share price of $18.

Meanwhile, CACI International Inc., Arlington, Va., said March 7 it is making a secondary offering of about 4.3 million shares, priced at $35 a share. CACI, which is selling all the shares in the offering, has given underwriters a 30-day option to purchase up to an additional 637,500 shares to cover potential over-allotments, which would lift the potential amount raised by the company to $171 million.

According to Anteon's March 4 amendment to its SEC filing, the company will offer roughly 4.7 million shares for sale, with other stockholders selling 7.8 million shares. The IPO should raise a total of $200 million, with $76.2 million going to the company and the remainder going to the selling stockholders. Anteon's ticker symbol is ANT.

The Anteon and CACI announcements come on the heels of announcements March 6 by SRA International Inc., Fairfax, Va., and Veridian Corp., Arlington, Va., that each has filed with the SEC for IPOs. ManTech International Corp., also of Fairfax, plunged into the stock market, going public Feb. 7. The stock started trading at $16 per share; it closed at $19 March 11.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.