CACI Acquires ID Technologies

Ticker: CACI · Form: 8-K · Filed: 2025-01-22T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, technology, government-contracts

Related Tickers: CACI

TL;DR

CACI buys ID Technologies to boost its secure comms and tech game for Uncle Sam.

AI Summary

CACI International Inc. announced on January 22, 2025, that it has entered into a definitive agreement to acquire ID Technologies, Inc. for an undisclosed amount. This acquisition is expected to enhance CACI's capabilities in secure communications and advanced technology solutions for the U.S. government. The transaction is anticipated to close in the second half of fiscal year 2025.

Why It Matters

This acquisition aims to bolster CACI's offerings in secure communications and advanced technology, potentially leading to new government contracts and increased market share in defense and intelligence sectors.

Risk Assessment

Risk Level: medium — The acquisition involves integration risks and potential challenges in realizing expected synergies, with the purchase price not disclosed, making financial impact assessment difficult.

Key Players & Entities

FAQ

What is the primary strategic rationale behind CACI's acquisition of ID Technologies?

The acquisition is intended to enhance CACI's capabilities in secure communications and advanced technology solutions for the U.S. government.

When is the acquisition of ID Technologies expected to be completed?

The transaction is anticipated to close in the second half of fiscal year 2025.

What specific areas will ID Technologies strengthen within CACI's portfolio?

ID Technologies is expected to bolster CACI's offerings in secure communications and advanced technology solutions.

Has the purchase price for ID Technologies been disclosed?

The filing indicates that the acquisition is for an undisclosed amount.

What is the filing date for this 8-K report?

The report was filed on January 22, 2025.

From the Filing

0000016058-25-000028.txt : 20250122 0000016058-25-000028.hdr.sgml : 20250122 20250122162405 ACCESSION NUMBER: 0000016058-25-000028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250122 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250122 DATE AS OF CHANGE: 20250122 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CACI INTERNATIONAL INC /DE/ CENTRAL INDEX KEY: 0000016058 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] ORGANIZATION NAME: 06 Technology IRS NUMBER: 541345888 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31400 FILM NUMBER: 25546247 BUSINESS ADDRESS: STREET 1: TWO RESTON OVERLOOK STREET 2: 12021 SUNSET HILLS ROAD CITY: RESTON STATE: VA ZIP: 20190 BUSINESS PHONE: 7038417800 MAIL ADDRESS: STREET 1: TWO RESTON OVERLOOK STREET 2: 12021 SUNSET HILLS ROAD CITY: RESTON STATE: VA ZIP: 20190 FORMER COMPANY: FORMER CONFORMED NAME: CACI INC /DE/ DATE OF NAME CHANGE: 19870119 FORMER COMPANY: FORMER CONFORMED NAME: CONSOLIDATED ANALYSIS CENTERS INC DATE OF NAME CHANGE: 19730102 FORMER COMPANY: FORMER CONFORMED NAME: CALIFORNIA ANALYSIS CENTER INC DATE OF NAME CHANGE: 19680603 8-K 1 caci-20250122.htm 8-K caci-20250122 0000016058 FALSE 0000016058 2025-01-21 2025-01-21 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________________________ FORM 8-K _________________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):  January 22, 2025 _________________________________________ CACI International Inc (Exact name of Registrant as Specified in Its Charter) _________________________________________ Delaware 001-31400 54-1345888 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) 12021 Sunset Hills Road Reston ,  Virginia 20190 (Address of Principal Executive Offices) (Zip Code) Registrant’s Telephone Number, Including Area Code: ( 703 )  841-7800 Not Applicable (Former Name or Former Address, if Changed Since Last Report) _________________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock CACI New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act o ITEM 2.02 Results of Operations and Financial Condition On January 22, 2025 , CACI International Inc released its financial results for the second quarter fiscal year 2025. A copy of the press release announcing the financial results as well as the schedule for a conference call and webcast on January 23, 2025 is furnished as Exh

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