Reuters: CACI in the lead to buy Lockheed's IT business

• CACI International (NYSE:CACI) has emerged as the top contender for Lockheed Martin's (NYSE:LMT) IT business, sources told Reuters.
• Leidos (NYSE:LDOS) and Engility (NYSE:EGL), which were also considering offers, feel discouraged by the prospects of the assets for sale following meetings with the company.
• Lockheed may also decide to spin off the business, which has annual revenues of $4.5B-$5B, rather than sell it outright.