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    National Science Foundation Awards Booz Allen $419M Technology Modernization Contract

    7/1/24 8:00:00 AM ET
    $BAH
    Professional Services
    Consumer Discretionary
    Get the next $BAH alert in real time by email

    Leading provider of AI to federal government will leverage IT transformation expertise to help modernize and advance science in U.S.

    Booz Allen Hamilton (NYSE:BAH) announced today it was awarded a seven-year, $419 million contract with the National Science Foundation (NSF) for Information Technology Mission Application Support (ITMAS). With this recompete win, Booz Allen will directly support the modernization and IT operations of the agency's merit review and grants management system that facilitates critical investments in scientific research—building on Booz Allen's expertise in managing complex technical mission stacks for the good of the citizen.

    For nearly 20 years, Booz Allen has been providing support to NSF to modernize and digitally transform the organization through full systems development services for more than 20 mission-critical applications and provide core product lifecycle tasks and IT-related services. The award also leverages Booz Allen's decades of experience in driving data-enabled missions for federal government agencies to better serve citizens.

    As part of the work, Booz Allen will drive speed and scale to NSF's mission-critical grants management systems through end-to-end modern software development utilizing scaled agile principles, DevSecOps automation, and cloud platform resiliency. In addition, as the leading provider of AI services to the federal government according to GovWin from Deltek, Booz Allen will leverage innovative technologies such as AI under this contract to positively impact everyday citizens and foster U.S. scientific advancement via NSF's grants management system.

    "Booz Allen is proud to be directly supporting core pillars of NSF to boost investment in critical research and the progression of science," said Dan Tucker, senior vice president and a leader in Booz Allen's citizen services business. "This work aligns with Booz Allen's VoLT business strategy, focused on velocity, leadership, and technology, and further solidifies our position as a key enabler of innovation for ensuring NSF and the nation remain at the forefront of scientific discovery and technological advancements that change the world."

    Under this contract, Booz Allen will provide end-to-end systems development, operations, and maintenance for over 20 NSF mission-critical custom applications in support of NSF's end-to-end grants lifecycle by acquiring, integrating, and scaling the platforms and technologies needed to power NSF's critical mission. It is also a follow-on to the Information Technology Solution Integrated Services (ITSIS) contract.

    "This recompete win speaks volumes to the collective ingenuity of a diverse and extremely talented team from across the firm, bolstered by our deep NSF mission knowledge and expertise aligned to NSF's complex technical stack," said Lane Blackmer, principal at Booz Allen and program manager on the project. "The win required a long history of high-quality delivery, continuous cultivation of new and existing client relationships, and strategic injection of new capabilities such as DevSecOps, CloudOps, and AI to ensure the U.S. is keeping pace in scientific advancement and novel innovation at home."

    Learn more about Booz Allen's support of critical data-enabled missions, and the company's AI capabilities.

    About Booz Allen Hamilton

    Trusted to transform missions with the power of tomorrow's technologies, Booz Allen Hamilton advances the nation's most critical civil, defense, and national security priorities. We lead, invest, and invent where it's needed most—at the forefront of complex missions, using innovation to define the future. We combine our in-depth expertise in AI and cybersecurity with leading-edge technology and engineering practices to deliver impactful solutions. Combining more than 100 years of strategic consulting expertise with the perspectives of diverse talent, we ensure results by integrating technology with an enduring focus on our clients. We're first to the future—moving missions forward to realize our purpose: Empower People to Change the World®.

    With global headquarters in McLean, Virginia, our firm employs approximately 34,200 people globally as of March 31, 2024, and had revenue of $10.7 billion for the 12 months ended March 31, 2024. To learn more, visit www.boozallen.com. (NYSE:BAH).

    Forward Looking Statements

    Certain statements contained in this release include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include statements that do not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "could," "should," "forecasts," "expects," "intends," "plans," "anticipates," "projects," "outlook," "believes," "estimates," "predicts," "potential," "continue," "preliminary," or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct.

    These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. A number of important factors could cause actual results to differ materially from those contained in or implied by these forward-looking statements, including those factors discussed in our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the fiscal year ended March 31, 2024, which can be found at the SEC's website at www.sec.gov. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

    BAHPR-CW

    View source version on businesswire.com: https://www.businesswire.com/news/home/20240701127007/en/

    Get the next $BAH alert in real time by email

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