What changed
Booz Allen Hamilton has completed its previously announced $720 million acquisition of the Ultra I&C Mission Solutions business. The acquired business will operate as the commercial product and solutions component of Booz Allen’s defense technology business, led by president Steve Escaravage. The deal adds defense technology software, encryption, and edge-compute products to Booz Allen’s AI-driven battle management, resilient communications, and edge infrastructure portfolio.
Why it matters
Booz Allen Hamilton has completed its previously announced $720 million acquisition of the Ultra I&C Mission Solutions business. The acquired business will operate as the commercial product and solutions component of Booz Allen’s defense technology business, led by president Steve Escaravage. The deal adds defense technology software, encryption, and edge-compute products to Booz Allen’s AI-driven battle management, resilient communications, and edge infrastructure portfolio.