CACI Completes Acquisition of Azure Summit Technology
CACI International (NYSE: CACI) has completed the acquisition of Azure Summit Technology for $1.275 billion in an all-cash transaction. Azure Summit, with over 300 employees, specializes in radio frequency technology and electromagnetic spectrum engineering. The acquisition strengthens CACI's software-defined capabilities in signals intelligence, electronic warfare, and intelligence surveillance across maritime and airborne platforms. The company has secured a $750 million Term Loan B to support the transaction. Azure Summit's operations in Fairfax, Virginia and Melbourne, Florida expand CACI's U.S. presence.
ACI International (NYSE: CACI) ha completato l'acquisizione di Azure Summit Technology per 1,275 miliardi di dollari in un'operazione completamente in contante. Azure Summit, con oltre 300 dipendenti, si specializza in tecnologia delle radiofrequenze e ingegneria dello spettro elettromagnetico. L'acquisizione rafforza le capacità software-defined di CACI in intelligence dei segnali, guerra elettronica e sorveglianza di intelligence su piattaforme marittime e aeree. L'azienda ha ottenuto un prestito di scadenza B da 750 milioni di dollari per supportare l'operazione. Le operazioni di Azure Summit a Fairfax, Virginia e Melbourne, Florida ampliano la presenza di CACI negli Stati Uniti.
CACI International (NYSE: CACI) ha completado la adquisición de Azure Summit Technology por 1.275 millones de dólares en una transacción totalmente en efectivo. Azure Summit, con más de 300 empleados, se especializa en tecnología de radiofrecuencia e ingeniería del espectro electromagnético. La adquisición fortalece las capacidades definidas por software de CACI en inteligencia de señales, guerra electrónica y vigilancia de inteligencia en plataformas marítimas y aéreas. La compañía ha asegurado un préstamo a plazo B de 750 millones de dólares para apoyar la transacción. Las operaciones de Azure Summit en Fairfax, Virginia y Melbourne, Florida amplían la presencia de CACI en los Estados Unidos.
CACI 인터내셔널(NYSE: CACI)은 Azure Summit Technology의 인수를 12억 7천5백만 달러의 전액 현금 거래로 완료했습니다. Azure Summit은 300명 이상의 직원이 있는_radio_주파수 기술 및 전자기 스펙트럼 공학을 전문으로 합니다. 이 인수는 CACI의 신호 정보, 전자전, 해양 및 공중 플랫폼 전반에 걸친 정보 감시에 대한 소프트웨어 정의 능력을 강화합니다. 이 회사는 거래를 지원하기 위해 7억 5천만 달러의 대출을 확보했습니다. 버지니아주 페어팩스와 플로리다주 멜버른에 위치한 Azure Summit의 운영은 CACI의 미국 내 존재감을 확대합니다.
CACI International (NYSE: CACI) a finalisé l'acquisition d'Azure Summit Technology pour 1,275 milliard de dollars dans le cadre d'une transaction entièrement en espèces. Azure Summit, comptant plus de 300 employés, se spécialise dans la technologie de radiofréquence et l'ingénierie du spectre électromagnétique. Cette acquisition renforce les capacités définies par logiciel de CACI en matière d'intelligence des signaux, de guerre électronique et de surveillance des renseignements sur les plateformes maritimes et aériennes. L'entreprise a obtenu un prêt à terme B de 750 millions de dollars pour soutenir la transaction. Les opérations d'Azure Summit à Fairfax, en Virginie, et à Melbourne, en Floride, élargissent la présence de CACI aux États-Unis.
CACI International (NYSE: CACI) hat die Übernahme von Azure Summit Technology für 1,275 Milliarden Dollar in einer rein in bar durchgeführten Transaktion abgeschlossen. Azure Summit, mit über 300 Mitarbeitern, ist auf Radiofrequenztechnologie und elektromagnetische Spektrumsingenieurwesen spezialisiert. Die Übernahme stärkt CACIs softwaredefinierte Fähigkeiten im Bereich Signalaufklärung, elektronische Kriegsführung und Nachrichtensurveillance auf maritimen und luftgestützten Plattformen. Das Unternehmen hat ein 750 Millionen Dollar Term Loan B gesichert, um die Transaktion zu unterstützen. Die Aktivitäten von Azure Summit in Fairfax, Virginia und Melbourne, Florida erweitern CACIs Präsenz in den USA.
- Strategic acquisition valued at $1.275B expands CACI's technology portfolio
- Adds 300+ skilled employees to workforce
- Enhances capabilities in signals intelligence and electronic warfare
- Expands customer presence and geographic footprint
- Strengthens maritime and airborne platform offerings
- Significant debt increase with $750M Term Loan B
- Large cash outlay of $1.275B impacts financial position
Insights
The
Azure Summit's expertise in RF technology and electromagnetic spectrum capabilities will enhance CACI's market position in SIGINT, electronic warfare and ISR systems. This expansion into maritime and airborne platforms opens new revenue streams and cross-selling opportunities. The all-cash transaction structure suggests confidence in rapid integration and synergy realization, though investors should monitor integration progress and debt service costs in upcoming quarters.
This acquisition significantly strengthens CACI's position in the critical electromagnetic spectrum domain. Azure Summit's software-defined RF technology portfolio addresses growing military requirements for advanced SIGINT and electronic warfare capabilities, particularly important given current global security challenges. The expansion into maritime and airborne platforms is strategically vital as modern warfare increasingly depends on multi-domain operations.
The addition of specialized engineering talent in Fairfax and Melbourne locations enhances CACI's ability to serve key defense customers and participate in classified programs. This capability expansion in software-defined systems aligns with the Pentagon's push for more flexible, upgradeable defense solutions.
“Today, we welcome more than 300 Azure Summit employees to CACI,” said John Mengucci, CACI President and Chief Executive Officer. “This is an extremely compelling acquisition for CACI – strategically, culturally, and financially. Azure Summit adds established, complementary technology and expands our customer presence. This meaningful addition also brings an exceptionally talented workforce whose commitment, innovation, and focus on excellence match our own.”
With the closing of this transaction, CACI bolsters its market-based strategy by expanding its software-defined offerings in signals intelligence (SIGINT), electronic warfare (EW), and intelligence, surveillance, and reconnaissance (ISR), across multiple domains, platforms, and customer sets. In particular, this acquisition expands the breadth of CACI’s reach and insight into maritime and airborne platforms.
“I’m excited about the many opportunities that lie ahead to leverage our expansive solutions to meet our customers’ most pressing needs in national security,” said Mengucci.
With Azure Summit’s locations in
Concurrent with the completion of the acquisition, the company entered into a
About CACI
At CACI International Inc (NYSE: CACI), our 24,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at www.caci.com.
There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.
CACI-Acquisition-Business Wire
View source version on businesswire.com: https://www.businesswire.com/news/home/20241030714385/en/
Corporate Communications and Media:
Lorraine Corcoran
Executive Vice President, Corporate Communications
(703) 434-4165, lorraine.corcoran@caci.com
Investor Relations:
George Price
Senior Vice President, Investor Relations
(703) 841-7818, george.price@caci.com
Source: CACI International Inc
FAQ
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