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Booz Allen to Acquire Ultra I&C Mission Solutions Business, Further Strengthening Defense Technology Portfolio

  • Booz Allen Hamilton entered a definitive agreement to acquire Ultra I&C Mission Solutions' Mission Solutions business from Cobham Ultra Group for $720 million.
  • Ultra Mission Solutions specializes in mission-critical software, encryption, & edge-compute products designed for national security & defense technology.
  • The combination aims to integrate commercial technologies to enhance operational utility, speed, & scale for U.S. national security missions.
  • Booz Allen's existing AI-driven battle management & edge infrastructure solutions will expand with Ultra's modular architecture capable of operating in contested environments.
  • Booz Allen expects the acquisition to drive strong double-digit revenue growth with EBITDA margins exceeding 20% for the next several years.
  • The transaction is projected to close in the second quarter of Booz Allen's fiscal year 2027, which ends on September 30, 2026, subject to customary conditions.
  • Following the closing, Ultra Mission Solutions will operate as a wholly owned subsidiary of Booz Allen Hamilton.
  • Advisors retained for the deal include Jefferies LLC for Booz Allen & Baird for Ultra Mission Solutions & Advent.
  • Ultra Mission Solutions employs approximately 220 people, including 135 specialized engineers, across five U.S. facilities with its headquarters in Austin, Texas.