CACI finishes acquisition of C-Cubed
- By Gail Repsher Emery
- Oct 16, 2003
CACI International Inc. completed its acquisition of C-Cubed Corp., officials of Arlington, Va.-based CACI announced Oct. 16.
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.
The acquisition strengthens CACI's capabilities in command and control and expands its client base, said Jack London, CACI's chairman, president and chief executive officer.
"C-Cubed is a good fit with CACI's core strengths," London said. CACI's capabilities include engineering, simulation, information assurance, knowledge management, systems integration and managed network solutions.
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.