SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report
July 18, 1995
CACI International Inc
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(Exact name of registrant as specified in its charter)
Delaware
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(State or other jurisdiction of incorporation)
0-8401
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(Commission File Number)
54-1345888
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(IRS Employer Identification No.)
1100 N. Glebe Road
Arlington, Virginia 22201
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(Address of principal executive offices)(Zip Code)
(703) 841-7800
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Registrant's telephone number, including area code
<PAGE>
ITEM 5. OTHER EVENTS.
On July 11, 1995, CACI signed a Letter of Intent to acquire all of the stock of
Automated Sciences Group (ASG) for $5.3 million in cash, payable over 3 years.
The acquisition will be subject to due diligence, and approval of a detailed
acquisition agreement by each Company's Board of Directors.
ASG has generated approximately $20 million per year in revenue and provides
information technology, engineering and enironmental services to the
Departments of Defense and Energy. ASG is headquartered in Silver Spring,
Maryland, and has major offices in Dahlgren, Virginia, Huntsville, Alabama, and
Oak Ridge, Tennessee. Based upon ASG forecasts, the acquisition should provide
at least $400,000 in earnings during the first full year of operations with
further contributions in later years.
A copy of CACI's July 14, 1995 press release regarding the Company's execution
of a Letter of Intent to acquire ASG is attached as an Exhibit to this Report
on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(99) (a) Press Release of July 14, 1995 announcing execution of Letter of
Intent to acquire ASG.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CACI International Inc
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(Registrant)
By: /s/
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Jeffrey P. Elefante
Sr. Vice President,
General Counsel &
Corporate Secretary
Dated: July 18, 1995
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Exhibit (99)(a)
July 14, 1995
CACI Announces Intent to Acquire
Automated Sciences Group
Arlington, VA -- CACI International Inc (NASDAQ: CACI) announced
today that they have signed a Letter of Intent to acquire
Automated Sciences Group (ASG) for $5.3 million in cash, payable
over 3 years. The acquisition will be subject to due diligence,
and approval of a detailed acquisition agreement by each
Company's Board of Directors.
ASG generates approximtaely $20 million per year in revenue and
provides information technology, engineering and environmental
services to the Departments of Defense and Energy. ASG is
headquartered in Silver Spring, Maryland and has major offices in
Dahlgren, Virginia, Huntsville, Alabama, and Oak Ridge,
Tennessee. Based upon company forecasts, the acquisition should
provide at least $400,000 in earnings during the first full year
of operations with further contributions in the out years.
Chairman, President and CEO Dr. Jack London said, "We continue to
execute our strategic plan for growth. ASG is an excellent fit
with CACI as it provides further geographic and customer
diversity in a market that we understand well. ASG is comprised
of approximately 200 outstanding individuals whom we believe will
make a significant contribution to CACI's future. They are
highly valued by their customers, and we look forward to having
them join Team CACI."
CACI is an international information technology products and
services corporation. The company specializes in developing and
integrating systems, software, and simulation products in support
of government agencies and commercial enterprises worldwide.
For further information contact:
Samuel Strickland Douglas Poretz
CACI International Inc Douglas Poretz, Ltd.
(703) 841-7800 (703) 506-1778
