Booz Allen Hamilton Closes Purchase of Defense Systems Engineering and Support Division of ARINC

  Booz Allen Hamilton Closes Purchase of Defense Systems Engineering and
  Support Division of ARINC

Firm adds 1,000-person engineering capability to enhance its technology
services and engineering business

Business Wire

MCLEAN, Va. -- December 03, 2012

Booz Allen Hamilton Holding Corporation (NYSE:BAH), the parent company of
consulting firm Booz Allen Hamilton, today announced it closed its purchase of
the Defense Systems Engineering and Support (DSES) division of ARINC
Incorporated on November 30, 2012. The transaction adds to Booz Allen’s
workforce approximately 1,000 employees, based in various locations
nationwide, many of which align with existing Booz Allen offices. Booz Allen
paid $154 million in cash to ARINC, and expects the transaction to be
accretive to its earnings in fiscal 2014, which begins April 1, 2013.

“With the acquisition of DSES, we’re advancing our strategy to build on Booz
Allen’s existing engineering capabilities, and to bring to our clients broader
and deeper expertise in technical areas such as C4ISR where we see growth
potential,” said Ralph W. Shrader, Booz Allen’s Chairman, Chief Executive
Officer, and President. “DSES also brings to us additional existing technical
support contracts for the US Navy and Air Force, supplementing our strong
presence in the defense market. Beyond that, we expect that the match of
outstanding people, client relationships, and a focus on client mission – as
well as the proven track record of quality delivery by DSES – will strengthen
our business going forward.”

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 expected impact of the DSES acquisition and the acquisition’s
impact to Booz Allen Hamilton’s earnings. 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 May30, 2012. 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.

Contact:

Booz Allen Hamilton
James Fisher, 703-377-7595
fisher_james_w@bah.com
 
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