Ken Asbury, president and CEO of CACI International, told The Washington Post in an interview published Friday that the company has begun to shift its focus from "staff augmentation" work to technology and products as the U.S. military transitions its resources toward dealing with near-peer competitors such as Russia and China.
“I would prefer that my team select that they’re going to be in outcome-based things where we’re helping the mission,” said Asbury, a 2019 Wash100 winner.
"That drives us into contracting mechanisms that maybe put a little bit more risk on us … but we’ll only bid those if really know the work very well, and the customer has really well-defined requirements.”
CACI’s recent acquisitions mark the company’s efforts to further pursue its entry into the military tech market, according to the report.
Those transactions include CACI’s purchase of LGS Innovations from CoVant Management and Madison Dearborn Partners and acquisition of Mastodon Design.