CACI International To Acquire ARKA From Blackstone Funds In $2.6B Cash Deal
Synopsis
ARKA Group offers space-based sensor technology and optical technology that will enable CACI to expand its offerings.
CACI International (CACI) on Monday announced it has agreed to acquire ARKA Group in an all-cash deal valued at $2.6 billion, from funds managed by Blackstone Tactical Opportunities, to expand its offerings in the national security and space sectors.
The transaction is expected to close in the third quarter of fiscal year 2026, the statement said.
were up nearly 1% in Monday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘bullish’ territory at the time of writing.
Get updates to this developing story <directly on Stocktwits<.<
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.