Ken Asbury, CEO of CACI International, Named to 2019 Wash100 for Creating Organic Growth Through M&A and IT Services
Executive Mosaic is pleased to present Ken Asbury, president and CEO of CACI International, as an inductee into the 2019 edition of the Wash100 â€” Executive Mosaicâ€™s annual selection of influential leaders in the government contracting arena â€” for his pursuit of organic growth for the company through M&A and IT services.
This marks his sixth consecutive Wash100 award.
During the first-quarter earnings call for fiscal 2019 in November, he announced the companyâ€™s top priority is to continue pursuing organic growth. â€œM&A remains our priority for capital deployment and we are pursuing quality companies and contracts that add new customers and fill capability gaps across our addressable market,â€ Asbury told analysts.
In August 2018, CACI closed its acquisition of CSRAâ€™s former systems engineering and acquisition services business unit from General Dynamics to expand work support for the U.S. Navy. â€œThis team brings us an exceptional track record of winning major Navy programs of record, unrivaled subject matter expertise, and deep customer relationships, which gives us a significant competitive edge in pursuing large-scale, enduring opportunities across the Navy,â€ Asbury said.
Aside from M&As, CACI won prime spots on major contract awards in 2018 including the Â Defense Information Systems Agencyâ€™s $17.5B Encore III information technology services contract vehicle. Asbur said the partnership with DISA through the Encore program aspires to reflect the companyâ€™s investment in novel platforms and technological workforce in support of federal clientsâ€™ national security missions.
Other procurement vehicles in which CACI secured positions include the $920M National Geospatial-Intelligence Agencyâ€™s Janus Geography contract, the U.S. Armyâ€™s $12.1B IT Enterprise Solutions recompete contract for services and the U.S. Navyâ€™s $980M contract for training and simulation technology support.
In November 2018, the Virginia-based IT services contractor secured a potential $413M contract to offer services for the Armyâ€™s ground-based intelligence platform and a $194M task order under the Enterprise Acquisition Gateway for Leading-Edge Solutions II to deliver IT management services to the Department of Homeland Securityâ€™s Transportation Security Administration.
Under Asburyâ€™s leadership, CACI makes a significant effort to hire military veterans. In November, Monster and Military.com listed CACI on the Best Companies for Veterans List. â€œAt CACI, we are proud to offer career opportunities that enable Americaâ€™s military veterans to continue their mission in serving our nation,â€ Asbury noted. â€œWe know that veterans have the skills and dedication that adds great value to our customersâ€™ missions and makes positive contributions to our workforce.â€
Executive Mosaic congratulates Ken Asbury and the CACI team for their selection to receive the award.
About The Wash100
This year represents our sixth annual Wash100 award selection. The Wash100 is the premier group of private and public sector leaders selected by Executive Mosaic’s organizational and editorial leadership as the most influential leaders in the GovCon sector. These leaders demonstrate skills in leadership, innovation, achievement, and vision.