Posted by Courtney E. Howard
ARLINGTON, Va., 4 July 2011. CACI International Inc. (NYSE:CACI) has acquired Pangia Technologies LLC, a software engineering firm that provides technical solutions for computer network operations, information assurance, mission systems, software and systems engineering, and IT infrastructure support.
Founded in 1999, Pangia has 110 employees, is headquartered in Fulton, Md., and offers application development, systems vulnerability auditing and threat analysis, intrusion detection engineering, system security architecture design and development, software development, and design, development, and support for key systems through their lifecycle.
Pangia has contract vehicles with key members of the Intelligence Community, the Department of Homeland Security, the United States Air Force, and the United States Navy, says a spokesperson. In calendar year 2010, the company’s revenue was $18.7 million. The acquisition is expected to be accretive to CACI’s earnings per share during its first 12 months.
“The acquisition of Pangia Technologies is particularly important to CACI’s focus on building our business in the vitally important area of cybersecurity. Pangia’s technology and demonstrated success in solving difficult intelligence problems will help us continue to meet the strong demand for high-value cybersecurity solutions that are essential to our nation’s security,” says Paul Cofoni, CACI president and chief executive officer.
CACI provides professional services and IT solutions in the areas of defense, intelligence, homeland security, and IT modernization and government transformation. Its portfolio includes: enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR solutions; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services.
