CACI to buy C-Cubed
CACI International Inc., Arlington, Va., is buying C-Cubed Corp., a Springfield, Va., company that provides specialized services in command, control, communications, computers, intelligence, surveillance and reconnaissance, or C4ISR, to the Defense Department, intelligence community and federal civilian agencies.
The terms of the purchase were not disclosed. CACI expects to complete the acquisition in October.
C-Cubed is 100 percent employee owned, and for fiscal 2003, the company had revenue of $49 million and $3.2 million in operating income. CACI recorded 2002 revenue of $681.9 million.
R&D agency looks for recruits
In his debut speech as director of the new Homeland Security Advanced Research Projects Agency, David Bolka asked a packed house to help the agency hire technology experts and leaders.
"This is a great opportunity for recruitment," Bolka said at a bidders conference in late September. "We have hiring capability ... that allows us to pay competitive compensation."
The agency wants people who are willing to take on projects two or three years long, he said. It can hire up to 20 people at competitive market rates.