booz allen it options liberty itclabaughwtop, McLean, Virginia-based Booz Allen Hamilton, already an important authorities IT contractor throughout the D.C. space, has achieved its acquisition of Herndon-based Liberty IT Choices for $725 million.
Liberty IT Choices is now part of Booz Allen’s civilian firms group.
The company has about 600 staff. Together with its Herndon headquarters, it has operations in Exton, Pennsylvania, and Melbourne, Florida. Its work consists of IT modernization initiatives for presidency firms and the effectively being care enterprise, along with the Division of Veterans Affairs.
The acquisition expands Booz Allen’s progress in effectively being care consulting.
Liberty IT Choices has a backlog of larger than $2 billion in IT modernization work. Booz Allen says the acquisition will immediately enhance revenue progress and earnings.
Booz Allen paid for the acquisition with a mixture of cash and from proceeds of a $500 million debt offering earlier this month.
Booz Allen has larger than 14,000 D.C.-area staff and just about 28,000 worldwide. It had $7.9 billion in 2020 revenue, just about of all which bought right here from authorities contracting product sales.