CACI completes deal for Premier Technology Group

CACI International Inc. has closed its transaction to buy all assets of Premier Technology Group Inc., the company announced May 15.

Terms of the deal were not disclosed.

The transaction, which was announced in April, is anticipated to be accretive to CACI's fiscal year ending June 30, and the full 2004 fiscal year, the company said.

PTG of Fairfax, Va., offers solutions to the defense and intelligence communities for intelligence analysis and security services, information technology, training, program management and logistics.

Most of the company's 360 employees have high-level security clearances. The company had annual revenue of $43.4 million for fiscal 2002 and operating income of $6.8 million.

The acquisition expands CACI's presence in the intelligence and military operations communities and brings new clients, said J.P. "Jack" London, chief executive officer and president of CACI.

CACI of Arlington, Va., has about 6,000 employees and annual sales of $681.9 million.

About the Author

William Welsh is a freelance writer covering IT and defense technology.

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
close

Trending

  • 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.