Booz Allen Hamilton (NYSE:BAH) announced it has won three contracts---with a combined value of more than $95 million—from the Space and Naval Warfare Systems Command (SPAWAR). Booz Allen has a long history of supporting the U.S. Navy by bringing the latest strategy and technology solutions to help Navy operating and systems commands address crucial operational and investment challenges.
SPAWAR, one of the U.S. Navy’s three acquisition commands, supports the fleet and delivers advanced communications and information capabilities. Part of Team SPAWAR, SPAWAR Systems Center Pacific (SSC Pacific) is the principal Navy Research, Development, Test and Evaluation (RDT&E) and Acquisition Center for C4ISR and Information Operations (IO).
“In today’s budget environment, our clients, including the Navy, are looking at the cost of doing business,” said David Karp, Senior Vice President, Booz Allen. “We’re helping the U.S. Navy be a smarter buyer, and delivering tailored systems engineering and integration solutions to reduce cost and at the same time, increase capabilities.”
Booz Allen’s recent purchase of the Defense Systems Engineering and Support (DSES) division of ARINC Incorporated has added to the firm’s existing engineering strength and advanced the strategy to bring clients broader and deeper technical expertise.
- $22 million multiple award from the Navy Space and Naval Warfare Systems Center Pacific to provide program and configuration management, technical services, systems engineering, algorithm development, hardware and software development, material analysis, data processing, testing, repair, installation, deployment, recovery, and analysis in support of maritime Intelligence, Surveillance, Reconnaissance, and Information Operations (ISR/IO), or any autonomous and non-autonomous systems or air system that could be used in ISR/IO operations. (Award date: 12/5; duration: 2 years)
- $72 million single award from the Navy Space and Naval Warfare Systems Command to acquire program management, cost modeling, acquisition support, contracts support, information assurance and cost estimating and analysis capabilities. (Award date: 12/5; duration: 5 years)
- $1.2 million single award from the Navy Space and Naval Warfare Systems Center Pacific to provide technical services, security engineering, information analysis and system operational analysis support. (Award date: 11/1; duration: 1 year)
Booz Allen has a long history of supporting the US Navy. In April 2011, Booz Allen was awarded a contract to support SPAWAR SSC Pacific with cyberspace science, research, engineering and technology integration. Booz Allen won its first contract from the Navy in 1940 when Secretary of Navy Frank Knox asked the firm to help prepare US Navy for World War II. Through the war, Booz Allen management engineers cut through red tape of military bureaucracy to get fast results.
About Booz Allen Hamilton
Booz Allen Hamilton is a leading provider of management and technology consulting services to the U.S. government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations. Booz Allen is headquartered in McLean, Virginia, employs approximately 25,000 people, and had revenue of $5.86 billion for the 12 months ended March 31, 2012.
Forward Looking Statements
This press release contains, or may be deemed to contain, “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995). Examples of forward-looking statements include information concerning the value of the contract award and Booz Allen Hamilton’s future performance under the contract. These statements give Booz Allen Hamilton’s current expectation of future events or its future performance and do not relate directly to historical or current events. A number of factors could cause Booz Allen Hamilton’s future actions and related results to vary from any expectations or goals expressed in, or implied by, the forward-looking statements included in this press release, possibly to a material degree. Some of these factors include, but are not limited to, the risk factors set forth in Booz Allen Hamilton’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on June 8, 2011. All forward-looking statements included in this press release speak only as of the date made, and, except as required by law, Booz Allen Hamilton undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise.