Booz Allen to provide comprehensive IT services to SEC
MCLEAN, Va.--(BUSINESS WIRE)--Nov. 14, 2018--
In an ever-changing financial regulatory environment, the U.S.
Securities and Exchange Commission (SEC) must constantly leverage
technological capabilities to meet the commission’s evolving business
needs. To keep pace with the SEC’s demand for integrated technology
solutions, the Office of Information Technology (OIT) awarded Booz Allen
Hamilton (NYSE: BAH) a spot on a competitive $2.5 billion indefinite
delivery, indefinite quantity (IDIQ) contract in May to provide
comprehensive IT services to the SEC over a 10-year period. The OneOIT
contract allows Booz Allen to support a broad range of IT services
designed to bolster the SEC’s three-part mission to protect investors,
maintain fair, orderly and efficient markets, and facilitate capital
formation.
“We are honored to expand our relationship with the SEC to deliver a
full suite of integrated IT solutions over the next decade in support of
the commission’s IT modernization and transformation journey,” said Jeff
Fossum, senior vice president at Booz Allen. “OneOIT paves the way
for a continued, long-term relationship with the SEC and will enable us
to leverage our team’s broad digital solutions, analytics and
cybersecurity capabilities, as well as Booz Allen’s deep consulting
heritage, to further the SEC’s mission.”
Read more about Booz Allen’s expertise in applying innovative digital
solutions to support the federal government, here.
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 approximately 24,600 people globally, and had revenue of
$6.17 billion for the 12 months ended March 31, 2018. To learn more,
visit www.boozallen.com.
(NYSE: BAH)
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View source version on businesswire.com: https://www.businesswire.com/news/home/20181114005503/en/
Source: Booz Allen Hamilton Holding Corporation
James
Fisher
Media Relations
Fisher_James_W@bah.com
Nicholas
Veasey
Investor Relations
Veasey_Nicholas@bah.com