April 2017 Digital Edition

Click Here

March 2017 Digital Edition

Click Here

Feb. 2017 Digital Edition

Click Here

Nov/Dec 2016 Digital Edition

Click Here

Oct 2016 Digital Edition

Click Here

Technology Sectors

Market Sectors

Personality Profiles

CACI completes acquisition of Six3 Systems, Inc.

CACI International Inc. announced on November 15 that it has completed its transaction to acquire from private equity firm GTCR Six3 Systems, Inc., a provider of highly specialized support to the national security community in the areas of cyber and signals intelligence; intelligence, surveillance, and reconnaissance; and intelligence operations.

The transaction will expand CACI’s high-growth cyberspace market, as well as build on CACI’s capabilities in its high-volume C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance) and intelligence markets. Six3 Systems employs approximately 1,600 professionals worldwide, and its calendar year (CY) 2013 revenue is expected to be approximately $470 million.

The purchase price is $820 million, subject to the net working capital adjustment. CACI will update its fiscal year 2014 guidance in the near future.

Headquartered in McLean, VA, with operations around the world, Six3 Systems provides highly specialized and differentiated strategic solutions, services and products for the country’s most sensitive national security agencies and Department of Defense critical missions for customers in the intelligence, defense and civilian communities.

The transaction is expected to be at least 5 percent accretive to CACI’s GAAP earnings per share in CY14 and at least 10 percent accretive to diluted adjusted earnings per share.

Dr. J.P. (Jack) London, CACI’s chairman of the board, said, “As we complete our acquisition of Six3 Systems, Inc., the largest in our 51-year history, CACI has even greater confidence that the addition of Six3’s highly specialized capabilities will provide significant benefits for our national security customers. CACI brings the Six3 team larger resources and more opportunities to expand their customer base, and our combined company is positioned to efficiently develop high-end, next-generation solutions for national security needs. Our shared character and cultural commitment to integrity and innovation also assures our customers of ethical and high-quality support for their most critical missions.”

According to Ken Asbury, CACI President and Chief Executive Officer, “CACI’s acquisition of Six3 Systems Inc. is compelling on many levels. The acquisition is consistent with our three-part growth strategy to win new business, drive operational excellence, and continue our successful mergers and acquisitions program as the first priority for the deployment of our capital. Six3 Systems is a financially accretive acquisition that further differentiates CACI in our markets and complements our focus on national security. Our combined capabilities will add significant value to our customers’ vital missions, help drive our growth, and deliver positive shareholder returns.”

 

 

 

Recent Videos

HID Global is opening the door to a new era of security and convenience.  Powered by Seos technology, the HID Mobile Access solution delivers a more secure and convenient way to open doors and gates, access networks and services, and make cashless payments using phones and other mobile devices. ...
Mobile device forensics can make a difference in many investigations, but you need training that teaches you how to get the most out of your mobile forensics hardware and software, and certifies you to testify in court. Read this white paper to learn how to evaluate mobile forensics training...
PureTech Systems is a software company that develops and markets PureActiv, its geospatial analytics solution designed to protect critical perimeters and infrastructure.  Its patented video analytics leverage thermal cameras, radars and other perimeter sensors to detect, geo-locate, classify, and...
PureTech Systems is a technology leader in the use of geospatial video, focusing on perimeter security.  When combining geospatial capabilities with video analytics and PTZ camera control, managers of critical facilities can benefit by allowing the video management system to aid them in the process...