Booz Allen Hamilton (NYSE:BAH) has completed its acquisition of Ultra I&C Mission Solutions for $720 million, adding defense technology software, encryption and edge-compute products to its portfolio.
The transaction, announced earlier and finalized this week, integrates Ultra Mission Solutions as the commercial product and solutions arm of Booz Allen's defense technology business under President Steve Escaravage. The acquired unit will focus on delivering advanced solutions for defense, civil and national security priorities.
Booz Allen, headquartered in McLean, Va., describes itself as an advanced technology company specializing in commercial-grade products for mission-critical applications. The acquisition strengthens its existing offerings, which include AI-driven battle management, communications and edge infrastructure solutions.
Horacio Rozanski, Chairman and CEO of Booz Allen, said the deal accelerates the company's ability to expand and scale defense technology products, helping the U.S. and its allies maintain battlefield advantages. The acquisition addresses industry demand for increased investment in commercial products tailored to mission requirements, according to company statements.
Ultra Mission Solutions will operate as a dedicated commercial product unit within Booz Allen's defense technology division, enhancing the company's capacity to deliver scalable solutions and expand its global reach for U.S. and allied customers.
