Overview
- CACI is buying ARKA from Blackstone Tactical Opportunities in a transaction the company says will expand its space-based sensing and intelligence portfolio.
- ARKA provides space-based sensors, ground data-processing software, optical systems, and small-satellite payloads used for intelligence, surveillance, and reconnaissance.
- Company leaders framed the combination as accelerating the delivery of actionable intelligence to warfighters and aligning closely on mission-focused culture.
- CACI expects a present-value tax benefit of about $225 million tied to the deal.
- Shares traded modestly higher at the time of the announcement, while Benzinga noted short-term bearish technical signals on the stock.