Booz Allen Hamilton (NYSE: BAH) today announced it received a $25.8 million award from the U.S. Department of Transportation (USDOT) to provide program and technical support to the Federal Highway Administration (FHWA) Office of Policy in coordination and management of its policy research and assessment. The Indefinite Delivery/Indefinite Quantity (IDIQ) contract, competitively awarded earlier this month, runs through June 2018.
The FHWA Office of Policy serves as the primary counselor on FHWA policy development and analysis. Booz Allen has been selected to support the FHWA mission by developing methods needed to formulate policy positions; developing and refining tools for the quantitative assessment of highway investment; enhancing FHWA’s strategic plan and performance management process; designing household travel surveys; and researching international transportation innovations.
“With Booz Allen’s advanced solutions and vision in analytic modeling, policy analysis and sustainable, intelligent and innovative transportation systems, we can help the FHWA prepare for a future with new and bigger infrastructure challenges,” said Vice President
, Booz Allen Hamilton. “This win reinforces FHWA’s confidence in our capabilities to provide critical, mission-focused policy support.”
The contract expands Booz Allen’s partnership with the USDOT and FHWA. Booz Allen also supports Intelligent Transportation Systems (ITS), Transportation Management and Operations, and Traffic Incident and Events Management programs. Earlier this year, USDOT awarded Booz Allen three five-year competitive contracts with a combined maximum value of $102 million.
About Booz Allen Hamilton
Booz Allen Hamilton is a leading provider of management consulting, technology, and engineering services to the U.S. government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations. Booz Allen is headquartered in McLean, Virginia, employs more than 24,000 people, and had revenue of $5.76 billion for the 12 months ended March 31, 2013.
Forward Looking Statements
This press release contains, or may be deemed to contain, “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995). Examples of forward-looking statements include information concerning the value of the contract award and Booz Allen Hamilton’s future performance under the contract. These statements give Booz Allen Hamilton’s current expectation of future events or its future performance and do not relate directly to historical or current events. A number of factors could cause Booz Allen Hamilton’s future actions and related results to vary from any expectations or goals expressed in, or implied by, the forward-looking statements included in this press release, possibly to a material degree. Some of these factors include, but are not limited to, the risk factors set forth in Booz Allen Hamilton’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on May 23, 2013. All forward-looking statements included in this press release speak only as of the date made, and, except as required by law, Booz Allen Hamilton undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise.