Tech firm CACI beefs up defense business with $1.28 bln Azure Summit deal (updated)

CACI International

16/09/2024 13:37

(Adds details in paragraphs 2)
       Sept 16 (Reuters) - Technology firm CACI International
 CACI.N  said on Monday it would buy privately-held radar and
communications equipment maker Azure Summit Technology for $1.28
billion in cash to bulk up its business catering to the defense
industry.
    The transaction is expected to close in the second-quarter
of fiscal 2025, CACI said.
        
  

 (Reporting by Jaspreet Singh in Bengaluru; Editing by Sonia
Cheema)
 ((Jaspreet.Singh@thomsonreuters.com; https://twitter.com/i_jass;))