SEC Awards Booz Allen Spot on 10-yr $2.5B IT Contract
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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CONTACT: James Fisher
KEYWORD: UNITED STATES NORTH AMERICA VIRGINIA
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE SECURITY PROFESSIONAL SERVICES BANKING FINANCE DEFENSE OTHER DEFENSE
SOURCE: Booz Allen Hamilton Holding Corporation
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PUB: 11/14/2018 09:00 AM/DISC: 11/14/2018 09:01 AM