CACI INTERNATIONAL INC /DE/ acquires Azure Summit Technology
Snapshot
CACI INTERNATIONAL INC /DE/ acquired Azure Summit Technology for $1.275 billion in December 2024. The transaction was structured as all cash. Azure Summit Technology is a Reston, Va. (CACI)-based Electronic warfare / RF technology business.
- Acquirer
- CACI INTERNATIONAL INC /DE/
- Target
- Azure Summit Technology
- Value
- $1.275 billion
- Date
- December 2024
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
CACI INTERNATIONAL INC /DE/ acquired Azure Summit Technology for $1.275 billion, a transaction completed in December 2024, structured as all cash.
Azure Summit Technology operates in Electronic warfare / RF technology, is based in Reston, Va. (CACI). Azure Summit Technology advances Department of Defense mission outcomes with a portfolio of high-performance radio frequency (RF) technology and engineering talent focused on the electromagnetic spectrum.
Azure Summit's core capabilities and technology bolster CACI's market-based strategy by expanding its offerings in intelligence, surveillance and reconnaissance (ISR), electronic warfare (EW), and signals intelligence (SIGINT) across multiple domains, platforms and customer sets.
Azure Summit added differentiated high-performance RF technology and electromagnetic-spectrum engineering talent in an area of escalating defense demand. Expands CACI's ISR, EW and SIGINT product offerings across multiple domains, platforms and customer sets. CACI technology / electromagnetic spectrum portfolio John Mengucci, Q2 FY2025 earnings (Jan 22, 2025): CACI closed and integrated the previously announced strategic acquisitions of Azure Summit and Applied Insight, raising fiscal 2025 guidance.
No advisory firms have been disclosed for this transaction.