Investor News

May 05, 2016

Booz Allen Hamilton Selected to Help Advance Department of Veterans Affairs through $22.3 Billion Total IT Service Solutions and Modernizations Program

MCLEAN, Va.--(BUSINESS WIRE)-- Roughly 9.4 million Veterans used at least one benefit or service offered by the U.S. Department of Veterans Affairs (VA) in FY 2014—an increase of 600,000 from four years prior, according to VA statistics. As VA prepares to connect with and support this growing number of Veterans, Booz Allen Hamilton (NYSE: BAH) has been selected to support the Department's transformative MyVA initiatives under the 10 year, $22.3 billion Transformation Twenty-One Total Technology Next Generation (T4NG) acquisition program. Booz Allen will provide IT infrastructure modernizations and systems delivery support to the VA's IT systems that address some of the VA's top priorities, including improving the efficiency of both claims processing and Veterans' overall experiences when communicating with VA.

"VA has undertaken an admirable evolution critical to improving how Veterans access their benefits and care," said Richard Crowe, a Booz Allen Hamilton Senior Vice President and leader of the firm's Department of Veterans Affairs business. "Booz Allen is honored to extend our longstanding partnership with VA as its leaders transform it into a fully modernized, top-tier health and benefits delivery organization. As an essential partner to VA, Booz Allen will continue its commitment to providing total IT service solutions and enterprise architecture, and developing innovative software technology to position MyVA for success."

Under the previous T4 contract, Booz Allen's IT services solutions included program management, strategy, IT enterprise architecture, and planning. The newly awarded contract is an extension of the last-generation T4 and will broaden the scale of Booz Allen's existing support. T4NG is a five-year, $12 billion contract, which was first awarded to 15 technology contractors in 2011. Booz Allen is one of seven incumbents from the T4 contract to be selected in this new round and will continue to support a large number of VA clients in a broad variety of technology disciplines. As an Indefinite Delivery/Indefinite Quantity (IDIQ) award, T4NG will have 21 prime contractors and is a contract vehicle through which the VA will make IT sustainment and modernization purchases.

T4NG will also include other solutions encompassing the entire range of enterprise and health IT requirements, such as software and hardware incidentals. Booz Allen's host of software development support to major programs such as the Veterans Benefits Management System (VBMS) Core Development and Customer Relationship Management (CRM) Operations and Maintenance (O&M) will help the Department transform how services are provided and improve the Veteran experience.

To learn more about Booz Allen's expertise in IT systems development and infrastructure, visit: http://www.boozallen.com/systems-delivery.

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About Booz Allen Hamilton

Booz Allen Hamilton has been at the forefront of strategy and technology for more than 100 years. Today, the firm provides management and technology consulting and engineering services to leading Fortune 500 corporations, governments, and not-for-profits across the globe. Booz Allen partners with public and private sector clients to solve their most difficult challenges through a combination of consulting, analytics, mission operations, technology, systems delivery, cybersecurity, engineering, and innovation expertise.

With international headquarters in McLean, Virginia, the firm employs more than 22,500 people globally, and had revenue of $5.27 billion for the 12 months ended March 31, 2015. To learn more, visit www.boozallen.com. (NYSE: BAH)

Booz Allen Hamilton
Media Relations
Kimberly West, 703-377-1403
West_Kimberly@bah.com
OR
Investor Relations
Curt Riggle, 703-902-4522
Riggle_Curt@bah.com

Source: Booz Allen Hamilton

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