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Booz Allen completes acquisition of DSES

Dec. 4, 2012 at 9:33 AM   |   Comments

MCLEAN, Va., Dec. 4 (UPI) -- Booz Allen Hamilton has enhanced its engineering and technology services capabilities with the acquisition of Defense Systems Engineering and Support.

DSES was a business unit of Maryland's ARINC Inc., with about 1,000 employees nationwide.

Booze Allen Hamilton Holdings Corp., the parent company of consulting firm Booz Allen Hamilton, said it completed the acquisition Nov. 30 for 154 million in cash and expects the transaction to be accretive to its earnings in fiscal 2014.

"With the acquisition of DSES, we're advancing our strategy to build on Booz Allen's existing engineering capabilities and to bring to our clients broader and deeper expertise in technical areas such as C4ISR where we see growth potential," said Ralph W. Shrader, Booz Allen's chairman, chief executive officer and president.

"DSES also brings to us additional existing technical support contracts for the U.S. Navy and Air Force, supplementing our strong presence in the defense market. Beyond that, we expect that the match of outstanding people, client relationships, and a focus on client mission -- as well as the proven track record of quality delivery by DSES -- will strengthen our business going forward."

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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