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HomeTechTech firm CACI beefs up defense business with $1.28 billion Azure Summit...

Tech firm CACI beefs up defense business with $1.28 billion Azure Summit deal

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(Reuters) -Technology firm CACI International 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)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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