Investor News

Sep 28, 2017

Joint Navy and Marine Corps Partnership Awards Booz Allen $87.2M Contract to Advance Strategic Initiatives of the Naval Aviation Enterprise

MCLEAN, Va.--(BUSINESS WIRE)-- The Naval Aviation Enterprise (NAE), a partnership led by the U.S. Navy and Marine Corps, ensures the Navy's ability to maintain current readiness and identify and incorporate future warfighting capabilities. To support this mission, the Navy has awarded Booz Allen Hamilton (NYSE: BAH) a $87.2M cost-plus-fixed fee, indefinite delivery contract to provide technical, analytical and managerial support. Booz Allen will help the NAE foster a collaborative environment between Naval Aviation stakeholders to ensure that warfighting requirements are maintained while working to identify and address maintenance, manpower and training issues affecting readiness--reducing costs where possible.

"We are honored to partner with the Navy and the Marine Corps to help align aviation readiness with the needs of U.S. forces around the world—a critical national security imperative," said Jennifer Swindell, Booz Allen senior vice president and leader of the firm's Navy and Marine Corps operations business. "Backed by our team of leading data scientists—one of the largest in the market, we will work with Naval Aviation to meet its 2017 goal of implementing a predictive capability to assess readiness—identifying potential readiness issues and addressing them before they become a crisis—while maximizing the impact of available resources."

Booz Allen has a long history of supporting the U.S. Navy, winning its first contract from the Navy in 1940. To learn more about Booz Allen's Defense work, visit BoozAllen.com/markets/defense-and-intelligence.html.

About Booz Allen Hamilton

For more than 100 years, business, government, and military leaders have turned to Booz Allen Hamilton to solve their most complex problems. They trust us to bring together the right minds: those who devote themselves to the challenge at hand, who speak with relentless candor, and who act with courage and character. They expect original solutions where there are no roadmaps. They rely on us because they know that—together—we will find the answers and change the world.

We solve the most difficult management and technology problems through a combination of consulting, analytics, digital solutions, engineering, and cyber expertise. With global headquarters in McLean, Virginia, our firm employs more than 23,300 people and had revenue of $5.80 billion for the 12 months ended March 31, 2017. To learn more, visit BoozAllen.com. (NYSE: BAH)

BAHPR-CW

Booz Allen Hamilton
Media Contact
Kimberly West, 703-377-1403
west_kimberly@bah.com
or
Investor Relations
Curt Riggle, 703-377-5332
riggle_curt@bah.com

Source: Booz Allen Hamilton

News Provided by Acquire Media