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  • American City Business Journals23 days ago

    CACI CEO says 'I like the size we’re at now' ahead of Leidos' mega deal with Lockheed IT

    Ever since Reston-based Leidos Holding Inc. (LDOS) announced in January that it was going to merge with Lockheed Martin Corp.’s (LMT) government services IT business to become a $10 billion giant, several of its smaller competitors have said they feel no pressure to make similar deals for scale. The latest to say it isn't interested in that type of M&A is Arlington-based CACI International Inc. (CACI). "I like the size that we’re at now,” CEO Ken Asbury said at an investor conference in New York last week.

  • American City Business Journalslast month

    Kettler on The Boro: 'First truly urban, authentic development here in Tysons'

    Metropolitan Park in Pentagon City, Midtown Reston Town Center, Metropolitan Downtown Columbia, Village at Leesburg — but nothing like what's soon to come out of the ground in Tysons. Kettler, along with Meridian Group executives, on Monday hosted a ceremonial demolition event (the wrecking ball was quiet on this day) for The Boro, the 4.2 million-square-foot transformation of the 18-acre SAIC campus near the Greensboro Metro station. The first phase of the project alone, at 1.7 million square feet, will roughly match Kettler’s largest project ever.