Strategic Expansion in High-Growth Sectors

CACI International Inc., a leading provider of expertise and technology to U.S. government agencies, has announced a definitive agreement to acquire ARKA Group, L.P. for approximately $2.6 billion in cash. This strategic move significantly expands CACI's capabilities and market share in the high-growth space and defense intelligence sectors.

Enhancing Mission-Critical Capabilities

The acquisition of ARKA, a premier provider of advanced mission systems for space, intelligence, and cyber operations, will integrate over 1,200 highly skilled employees into CACI. ARKA's expertise in areas such as space superiority, missile defense, and advanced electromagnetic warfare is expected to create powerful synergies with CACI's existing national security and intelligence solutions.

"This acquisition accelerates our growth strategy in areas that are vital to our national security," said John Mengucci, CACI President and CEO. "ARKA's innovative culture and deep mission understanding perfectly complement our own, allowing us to deliver even more comprehensive and advanced solutions to our customers."

Financial and Strategic Outlook

The transaction, which is subject to regulatory approvals and customary closing conditions, is anticipated to be immediately accretive to CACI's earnings upon closing. The deal underscores the ongoing consolidation in the government technology and services sector, as prime contractors seek to broaden their offerings in response to increasing defense and intelligence budgets focused on space and advanced warfare domains.

  • Purchase Price: Approximately $2.6 billion in cash.
  • Key Focus: Expands capabilities in space, missile defense, and electromagnetic spectrum operations.
  • Expected Close: Second half of calendar year 2024.