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Subsequent Events | 6 Months Ended
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Dec. 31, 2018
Subsequent Events [Abstract] |
Subsequent Events |
17. | Subsequent Events
On January 25, 2019, CACI entered into an agreement to acquire LGS Innovations (LGS) for a purchase price of $750.0 million in cash, subject to adjustments for working capital and certain other items. LGS is a leading provider of signals intelligence (SIGINT) and cyber products and solutions to the Intelligence Community and Department of Defense. The Company anticipates that it will complete the acquisition during the third quarter of FY2019. On January 29, 2019, CACI completed the acquisition of Mastodon Design LLC (Mastodon) for a purchase price of $225.0 million in cash, subject to adjustments for working capital and certain other items. Mastodon specializes in the rapid design of rugged tactical communications SIGINT and electronic warfare (EW) equipment. These acquisitions will allow CACI to leverage their integrated technology and capabilities to create scalable SIGINT, EW, and cyber products and solutions providing advanced operational capabilities to our warfighters to address emerging near-peer threats.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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