CACI International to acquire Pangia Technologies
Last Monday CACI said that they had reached a definitive agreement with Pangia, a software engineering firm that develops solutions for computer network operations, information assurance, mission systems, and IT infrastructure support; the move will expand CACI’s cybersecurity capabilities and bolster its presence among the U.S. intelligence community
Earlier last week CACI International Inc. announced that it will acquire Pangia Technologies, LLC.
On Monday CACI said that they had reached a definitive agreement with Pangia, a software engineering firm that develops solutions for computer network operations, information assurance, mission systems, and IT infrastructure support.
The move will expand CACI’s cybersecurity capabilities and bolster its presence among the U.S. intelligence community.
Pangia is headquartered in Fulton, Maryland and specializes in application development, systems vulnerability auditing and threat analysis, intrusion detection engineering, system security architecture design and development, broadly based software development, and design, development, and support for key systems through their lifecycle.
The company currently has several contracts with government agencies including the Navy, DHS, and the Air Force.
“We are pleased to announce our intent to bring Pangia Technologies into CACI,” said, Bill Fairl, the president of CACI’s U.S. operations. “Pangia has a premier workforce of innovative and highly experienced engineers, and their record of technical accomplishments and strong growth trajectory is impressive. Their high retention rate and focus on motivation, resourcefulness, and work ethic make Pangia an excellent fit for CACI’s culture and our commitment to national security.”
Paul Cofoni, the president and CEO of CACI, added, “The acquisition of Pangia Technologies opens new growth opportunities for CACI and increases our technical offerings in the vitally important area of cybersecurity. Pangia’s technology and demonstrated success in solving some of the most difficult intelligence problems, combined with CACI’s significant presence in the Intelligence Community, will facilitate our expansion into emerging mission areas that are essential to national security.”
The deal is expected to be concluded by 1 July.
