Accelerating and reworking warfighter expertise
- Mixed options will speed up progressive, tech-enabled resolution supply on the edge
- PAR Authorities Techniques Company’s IP and technical workforce will strategically increase Booz Allen’s capabilities in situational consciousness, determination benefit, and countering uncrewed aerial programs (UAS) threats
- Acquisition will allow improved outcomes for businesses in nationwide protection and past
McLean, VA – Booz Allen Hamilton (NYSE: BAH) introduced at this time that it has acquired PAR Authorities Techniques Company (PGSC), a completely owned subsidiary of PAR Expertise Company (NYSE: PAR). The acquisition will mix PGSC’s edge applied sciences with Booz Allen’s deep mission experience and digital battlespace options to speed up and rework warfighter expertise on the entrance strains.
Based in 1985 and headquartered in Rome, New York, PGSC delivers differentiated providers and options in strategic mission areas, together with the supply of real-time communications and cell situational consciousness to take care of battlespace dominance. PGSC’s Built-in Tactical Options (ITS), Revolutionary and Business Options (ICS), and Intelligence and Readiness Operations (IRO) companies have long-standing monitor data of innovation and growth of technology-driven options for a variety of presidency clients.
As a number one protection expertise supplier for the Division of Protection, Booz Allen combines deep mission experience with superior expertise to speed up outcomes throughout the warfighting lifecycle. The acquisition strengthens the agency’s capability to satisfy the evolving wants of protection purchasers and provides extremely technical and cleared expertise with mission-relevant experience to Booz Allen’s already robust world protection expertise base.
Moreover, PGSC’s capabilities complement Booz Allen’s house information options, rising the agency’s capability to leverage dual-use business intelligence, surveillance, and reconnaissance (ISR) to enhance situational consciousness capabilities for operators on the edge. PGSC’s suite of images and communications instruments may even present key operational mission capabilities that allow scaled operational planning, information sharing, visualization, and goal administration.
PGSC will combine into Booz Allen’s world protection enterprise led by Sector President Judi Dotson. The acquisition additional broadens and deepens Booz Allen’s capability to carry cutting-edge applied sciences to evolving protection missions and ship progressive options to warfighters within the digital battlespace.
“With rising threats to joint all area operations and heightened geopolitical uncertainty, securing the nation’s future towards the pacing menace requires {industry} to take a position and innovate in new methods. This acquisition reinforces Booz Allen’s dedication to assist speed up the modernization of tactical warfighting mission programs and safe the long run,” mentioned Dotson.
Combining PGSC’s expert workforce, progressive capabilities and merchandise, and devoted shopper dedication with Booz Allen’s software program growth capabilities, expertise, and deep mission experience will develop and improve a number of options that handle pressing nationwide safety priorities and geopolitical challenges, together with instruments to ship superior geospatial mapping, counter uncrewed aerial programs (C-UAS), enhance situational consciousness, and help proliferated Low Earth Orbit (pLEO) house information options.
“Booz Allen and PGSC share a deep dedication to addressing the evolving and systemic threats the nation faces with expertise and options that drive larger mission outcomes,” mentioned Michael Nelson, president at PGSC. “We stay up for making use of our mixed options for larger and broader influence on missions that matter, and infusing our analytical growth with elevated assets, instruments, group members, and industry-level finest practices to empower the nation’s warfighters and meet these next-gen warfare calls for.”
The acquisition continues to strengthen Booz Allen’s place on the intersection of mission and expertise, aligned with the agency’s VoLT (Velocity, Management, Expertise) development technique, its funding thesis, and present and anticipated Division of Protection priorities.
Jefferies LLC and King & Spalding LLP suggested Booz Allen on the transaction. Baird and Gibson, Dunn & Crutcher LLP suggested PAR Expertise Company.
About Booz Allen Hamilton
Trusted to remodel missions with the facility of tomorrow’s applied sciences, Booz Allen Hamilton advances the nation’s most important civil, protection, and nationwide safety priorities. We lead, make investments, and invent the place it’s wanted most —on the forefront of complicated missions, utilizing innovation to outline the long run. We mix our in-depth experience in AI and cybersecurity with modern expertise and engineering practices to ship impactful options. Combining greater than 100 years of strategic consulting experience with the views of various expertise, we guarantee outcomes by integrating expertise with a permanent concentrate on our purchasers. We’re first to the long run—transferring missions ahead to understand our function: Empower Individuals to Change the World®.
With world headquarters in McLean, Virginia, our agency employs roughly 34,200 folks globally as of March 31, 2024, and had income of $10.7 billion for the 12 months ended March 31, 2024. To be taught extra, go to www.boozallen.com. (NYSE: BAH)
About PAR Expertise
For greater than 40 years, PAR Expertise’s (NYSE: PAR) cutting-edge services have helped daring and passionate restaurant manufacturers construct lasting visitor relationships. We’re the associate enterprise eating places depend on when they should serve superb moments from open to shut, throughout essentially the most hectic rush hours, and when the world forces them to adapt and overcome. Greater than 70,000 eating places in additional than 110 nations use PAR’s restaurant {hardware}, software program, loyalty, drive-thru, and back-office options. To be taught extra, go to www.partech.com
