Cliff Robbins, founder and CEO of the Blue Harbour Group, had a straightforward answer on CNBC when asked why his firm owned around 10% of CACI.
“We got invested a few years ago, really because the company is growing so fast and really making the world a safer place,” Robbins said, adding that “the company is just a cash machine, it has huge cash flow.”
“Since we’ve been involved, the management team and the board bought back almost a third of the company. It’s been a really great investment for us and the company is really poised for future growth.”
He brought with him a track record of driving and leading growth across 30 years with Lockheed Martin and a stint leading ASRC Federal as president and CEO.
Asbury now is set on continuing his career growth trajectory and positioning CACI at the leading edge of the GovCon market – and where the market could be heading.
“Our business is really focused on the development of capabilities,” Asbury noted to CNBC. “We can use them to look at adversaries, or we can use them to look at our own infrastructure.”
“A lot of what we do (in cyber) is computer network defense,” Asbury said. “There are other parts of our business that might look at somebody else’s computer network and look at it from an offensive capability.”
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