CACI INTERNATIONAL INC /DE/ acquires Systems Engineering and Acquisition Support Services Business Unit of CSRA

CACI INTERNATIONAL INC /DE/ acquired Systems Engineering and Acquisition Support Services Business Unit of CSRA for $84.0 million, a transaction completed in August 2018, structured as All-cash asset purchase (acquisition of the CSRA SE&A business unit's assets).

Systems Engineering and Acquisition Support Services Business Unit of CSRA operates in Domestic Operations (Surveillance and Reconnaissance; Logistics and Material Readiness markets), is based in United States. CACI acquired the Systems Engineering and Acquisition Support Services Business Unit (SE&A BU) of CSRA LLC, a managed affiliate of General Dynamics Information Technology. The unit is a highly specialized provider of comprehensive engineering services to the U.S. Navy, with a workforce of roughly 960 credentialed professionals, more than 89 percent of whom hold security clearances. Its team supports the lifecycles of virtually every major U.S. naval shipbuilding platform, and its customers include the Naval Sea Systems Command and other Navy commands and offices.

The acquisition deepens CACI's role in the long-term operations and revitalization of the U.S. naval fleet, combining the SE&A team with CACI's existing Navy support teams. It expands CACI's Surveillance and Reconnaissance and Logistics and Material Readiness markets and was expected to add approximately $150 million to CACI's fiscal 2019 revenue at EBITDA margins in line with the existing business.

Advisory firms were not disclosed for this transaction.

You're subscribed.

Thanks for signing up.