Accelerating and remodeling warfighter know-how
- Mixed options will speed up progressive, tech-enabled resolution supply on the edge
- PAR Authorities Programs Company’s IP and technical workforce will strategically increase Booz Allen’s capabilities in situational consciousness, choice benefit, and countering uncrewed aerial methods (UAS) threats
- Acquisition will allow improved outcomes for companies in nationwide protection and past
McLean, VA – Booz Allen Hamilton (NYSE: BAH) introduced in the present day that it has acquired PAR Authorities Programs Company (PGSC), an entirely 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 know-how on the entrance traces.
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 cellular situational consciousness to take care of battlespace dominance. PGSC’s Built-in Tactical Options (ITS), Revolutionary and Industrial Options (ICS), and Intelligence and Readiness Operations (IRO) companies have long-standing monitor data of innovation and improvement of technology-driven options for a spread of presidency prospects.
As a number one protection know-how supplier for the Division of Protection, Booz Allen combines deep mission experience with superior know-how to speed up outcomes throughout the warfighting lifecycle. The acquisition strengthens the agency’s capacity to fulfill the evolving wants of protection shoppers and provides extremely technical and cleared expertise with mission-relevant experience to Booz Allen’s already sturdy international protection expertise base.
Moreover, PGSC’s capabilities complement Booz Allen’s area knowledge options, growing the agency’s capacity to leverage dual-use business intelligence, surveillance, and reconnaissance (ISR) to reinforce 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, knowledge sharing, visualization, and goal administration.
PGSC will combine into Booz Allen’s international protection enterprise led by Sector President Judi Dotson. The acquisition additional broadens and deepens Booz Allen’s capacity to carry cutting-edge applied sciences to evolving protection missions and ship progressive options to warfighters within the digital battlespace.
“With growing 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 methods and safe the longer term,” stated Dotson.
Combining PGSC’s expert workforce, progressive capabilities and merchandise, and devoted shopper dedication with Booz Allen’s software program improvement capabilities, expertise, and deep mission experience will broaden and improve a number of options that deal with pressing nationwide safety priorities and geopolitical challenges, together with instruments to ship superior geospatial mapping, counter uncrewed aerial methods (C-UAS), enhance situational consciousness, and help proliferated Low Earth Orbit (pLEO) area knowledge options.
“Booz Allen and PGSC share a deep dedication to addressing the evolving and systemic threats the nation faces with know-how and options that drive better mission outcomes,” stated Michael Nelson, president at PGSC. “We look ahead to making use of our mixed options for better and broader influence on missions that matter, and infusing our analytical improvement with elevated assets, instruments, crew 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 know-how, aligned with the agency’s VoLT (Velocity, Management, Expertise) progress 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 rework 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 longer term. We mix our in-depth experience in AI and cybersecurity with modern know-how 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 know-how with an everlasting deal with our shoppers. We’re first to the longer term—transferring missions ahead to comprehend our objective: Empower Individuals to Change the World®.
With international 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 accomplice 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
