Ken Asbury: CACI Aims to Fill Capability Gaps Through ‘Transformational’ M&As

CACI International CEO Ken Asbury has said the company’s effort to strike a “transformational transaction” is not based on scale but on the need to address gaps in capabilities across the 12 markets it serves, the Washington Business Journal reported Thursday.

“We are an organization that is not consumed by the notion of scale,” Asbury told analysts during an earnings call Thursday.

“We will not buy revenue … We’re going to exercise inside of our market strategy how to fill gaps, how to get into new customers and how to find enduring parts of the market we are not in yet,” he added.

Asbury, a 2018 Wash100 recipient, said CACI has the financial resources to pursue mergers and acquisitions including tuck-in deals in cyber, agile software and digital signal processing areas.