Accelerating and remodeling warfighter expertise
- Mixed options will speed up revolutionary, tech-enabled answer supply on the edge
- PAR Authorities Programs Company’s IP and technical workforce will strategically increase Booz Allen’s capabilities in situational consciousness, determination benefit, and countering uncrewed aerial techniques (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 Know-how 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 traces.
Based in 1985 and headquartered in Rome, New York, PGSC delivers differentiated companies and options in strategic mission areas, together with the availability of real-time communications and cellular situational consciousness to take care of battlespace dominance. PGSC’s Built-in Tactical Options (ITS), Modern and Business Options (ICS), and Intelligence and Readiness Operations (IRO) companies have long-standing monitor information of innovation and growth of technology-driven options for a variety of presidency prospects.
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 skill to satisfy the evolving wants of protection shoppers 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 skill 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 can 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 skill to deliver cutting-edge applied sciences to evolving protection missions and ship revolutionary options to warfighters within the digital battlespace.
“With rising threats to joint all area operations and heightened geopolitical uncertainty, securing the nation’s future in opposition to the pacing risk 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 techniques and safe the long run,” stated Dotson.
Combining PGSC’s expert workforce, revolutionary capabilities and merchandise, and devoted shopper dedication with Booz Allen’s software program growth 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 techniques (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,” stated Michael Nelson, president at PGSC. “We sit up for making use of our mixed options for larger and broader influence on missions that matter, and infusing our analytical growth with elevated sources, instruments, staff members, and industry-level greatest 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, Know-how) 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 Know-how 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 crucial civil, protection, and nationwide safety priorities. We lead, make investments, and invent the place it’s wanted most —on the forefront of advanced 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 numerous expertise, we guarantee outcomes by integrating expertise with an everlasting deal with our shoppers. We’re first to the long run—shifting missions ahead to comprehend our objective: Empower Individuals to Change the World®.
With world headquarters in McLean, Virginia, our agency employs roughly 34,200 individuals globally as of March 31, 2024, and had income of $10.7 billion for the 12 months ended March 31, 2024. To study extra, go to www.boozallen.com. (NYSE: BAH)
About PAR Know-how
For greater than 40 years, PAR Know-how’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 study extra, go to www.partech.com