CACI announced the CACI acquisition of ARKA Group via a definitive agreement. The move extends CACI’s expertise into space-based sensing and the development of actionable intelligence. With the CACI acquisition of ARKA Group, CACI enhances its operations that provide mission-critical support for national security customers. In this case, CACI diversifies its portfolio of advanced technologies. ARKA Group has expertise specifically in the area of space payload, earth systems, and advanced signal processing. Furthermore, this expertise also enhances CACI’s capabilities related to classified defense.
“The acquisition of ARKA represents a major step in our space strategy,” said John Mengucci, CACI President & Chief Executive Officer. “They bring deep experience & proven performance as a top provider of national security space & defense capabilities, strengthened by Blackstone’s stewardship. Together, CACI and ARKA address complex mission requirements & deliver future-ready solutions at the speed & scale needed to advance national security.”
“For our shareholders, the acquisition of ARKA positions CACI to capture key opportunities in the space domain. Across the Intelligence Community, U.S. Space Force, and other defense customers,” said Mengucci.“The combination strengthens our ability to drive long-term growth in free cash flow and create additional shareholder value.”
Accelerating Innovation and Technology Integration
This acquisition aligns with CACI’s plans to invest in fast-growing technology segments. Thus, this transaction ensures that the company aims to offer faster, more integrated intelligence solutions. Moreover, the engineering expertise of ARKA will further strengthen the company’s technology innovation roadmap related to its defense & space solutions. Thus, the company’s customers can look forward to more capabilities for sensing and data exploitation.
“I am confident that CACI will provide excellent opportunities for our employees. To thrive,” said Andreas Nonnenmacher, ARKA President and Chief Executive Officer. “Our aligned, mission-focused cultures and strong engineering roots lay a solid foundation for innovation. Growth, and customers will immediately benefit from the combined company’s expanded capabilities.”
This acquisition is also pending government approval and other standard closing requirements. This should be easily integrated, as both companies believe that there will be no hitches during the process. After this acquisition is completed, CACI will incorporate ARKA into its national security business. This Acquisition of ARKA Group by CACI will enhance growth and readiness.
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Source: Businesswire
