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L-3 nears sale of government services unit to CACI -sources

Reuters - UK Focus

Dec 4 (Reuters) - L-3 Communications Holdings Inc is in exclusive talks to sell National Security Solutions (NSS), its government services division, to CACI International Inc (NYSE: CACI - news) for around $550 million, people familiar with the deal said on Friday.

A deal could be announced as early as next week, assuming negotiations are concluded successfully, the people said.

The sources asked not to be identified because the negotiations are confidential. L-3 and CACI did not immediately respond to requests for comment.

(Reporting by Mike Stone in Washington, D.C. and Greg Roumeliotis in New York; Editing by Steve Orlofsky)