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

7/1/24 8:09:50 AM ET

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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.

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Date	Price Target	Rating	Analyst
11/4/2024	$180.00 → $190.00	Buy → Hold	Jefferies
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6/7/2022	$95.00	Overweight → Equal Weight	Barclays

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

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