Announced
Completed
Financials
Sources
Tags
United States
Majority
Aerospace
aerospace technology
Acquisition
Single Bidder
Friendly
Private
aircraft system
Completed
Domestic
Synopsis
CACI, an American multinational professional services and information technology company, completed the acquisition of Ascent Vision Technologies, a provider of technology and solutions that support multi-domain intelligence, surveillance, and reconnaissance, unmanned aircraft system, air defence, and counter-unmanned aircraft system operations, for $352m. "The combination of CACI and AVT brings unique advantages to our defense and national security customers with critical ISR and c-UAS missions. Their accomplished leadership team, led by founder and CEO Tim Sheehy, and highly skilled technical employee population drives a unique culture of agile innovation and differentiated performance. The synergies between AVT and CACI’s offerings establish unapparelled technologies and capabilities in this growing area of ISR and c-UAS within CACI’s business. We welcome the talented and mission-focused AVT employees to CACI," John Mengucci, CACI President and CEO.
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