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Business/Financial

Booz Allen Hamilton To Acquire Defense Services Business Of ARINC

Defense Daily Staff

Wednesday, October 17th, 2012

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The consulting and professional services firm Booz Allen Hamilton [BAH] yesterday said it has agreed to acquire the defense engineering services business of ARINC, Inc., for $154 million in cash, a deal which will bolster its engineering capabilities and help it address adjacent market opportunities. Booz Allen expects the acquisition to close later this year subject to regulatory reviews. The private equity firm The Carlyle Group, which owns ARINC, is divesting the Defense Systems Engineering & Support (DSES)…

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