SEC Awards Booz Allen Spot on 10-yr $2.5B IT Contract
Booz Allen to provide comprehensive IT services to SEC
McLean, Va. – In an ever-changing financial regulatory environment, the U.S. Securities and Exchange Commission (SEC) must constantly leverage technological capabilities to meet the commission’s evolving business needs. To keep pace with the SEC’s demand for integrated technology solutions, the Office of Information Technology (OIT) awarded Booz Allen Hamilton (NYSE: BAH) a spot on a competitive $2.5 billion indefinite delivery, indefinite quantity (IDIQ) contract in May to provide comprehensive IT services to the SEC over a 10-year period. The OneOIT contract allows Booz Allen to support a broad range of IT services designed to bolster the SEC’s three-part mission to protect investors, maintain fair, orderly and efficient markets, and facilitate capital formation.
“We are honored to expand our relationship with the SEC to deliver a full suite of integrated IT solutions over the next decade in support of the commission’s IT modernization and transformation journey,” said Jeff Fossum, senior vice president at Booz Allen. “OneOIT paves the way for a continued, long-term relationship with the SEC and will enable us to leverage our team’s broad digital solutions, analytics and cybersecurity capabilities, as well as Booz Allen’s deep consulting heritage, to further the SEC’s mission.”
Read more about Booz Allen’s expertise in applying innovative digital solutions to support the federal government, here.
About Booz Allen Hamilton
For more than 100 years, military, government, and business leaders have turned to Booz Allen Hamilton to solve their most complex problems. As a consulting firm with experts in analytics, digital solutions, engineering, and cyber, we help organizations transform. We are a key partner on some of the most innovative programs for governments worldwide and trusted by its most sensitive agencies. We work shoulder-to-shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision.
With global headquarters in McLean, Virginia, our firm employs approximately 29,500 people globally as of December 31, 2021 and had revenue of $7.9 billion for the 12 months ended March 31, 2021. To learn more, visit www.boozallen.com. (NYSE: BAH)
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