Booz Allen Hamilton‘s (NYSE: BAH) pending $250 million purchase of Laurel, Maryland-based cloud computing and digital services contractor Aquilent represents a selective entry into the GovCon acquisition landscape for a firm as it has made five purchases.
McLean, Virginia-based Booz Allen largely sat out of last year’s large deal activity that reshaped the government technology services sector as the firm viewed neither possibility as a good fit into its “Vision 2020” strategy that includes digital as a key area of focus, Finance Chief Lloyd Howell said Wednesday at a Credit Suisse-hosted investor conference.
Leidos Holdings (NYSE: LDOS) doubled in scale to $10 billion through its merger into the former Lockheed Martin (NYSE: LMT) services segment, while CSRA (NYSE: CSRA) formed one year ago out of the combination between the former Computer Sciences Corp. (NYSE: CSC) North American government business with SRA International.
READ FULL ARTICLE HERE
