|By Business Wire||
|February 5, 2013 10:06 AM EST||
Booz Allen Hamilton today announced it was awarded three, five-year contracts to provide continued technical and program support to the U.S. Department of Transportation’s (USDOT) Federal Highway Administration (FHWA), and its Office of Operations. These contracts are cost plus fixed-fee with a combined maximum value of $102 million.
For more than 15 years, Booz Allen has supported the FHWA in its efforts to effectively address highway congestion while enhancing safety and preserving the environment. With these contracts, Booz Allen will help the FHWA advance its mission to reshape traditional transportation organizations into 21st century operations agencies using 21st century technologies.
“Booz Allen is well prepared to continue its partnership with FHWA and other USDOT agencies,” said Bill Bastedo, Senior Vice President, Booz Allen. “With a superior record of excellence in technical delivery and management, Booz Allen’s broad set of mission-focused capabilities will enable the FHWA to efficiently achieve its vision of a safer, less congested and more environmentally-friendly highway system.”
Booz Allen will provide support to the Office of Operations through policy, programs, and projects that advance operation; communications activities that raise awareness; the development and use of technical tools including models and computer-aided instructional (CAI) projects; technology transfer and technical assistance programs; and program assessment.
The Office of Operations consists of three offices, including the Office of Transportation Operations (HOTO), the Office of Transportation Management (HOTM) and the Office of Freight Management and Operations (HOFM). Through this contract Booz Allen will support 17 program areas from across HOTO and HOTM:
|Operations and Intelligent Transportation Systems (ITS)||$62.8 million||
|Transportation Management and Operations||$29.5 million||
|Traffic Incident & Events Management||$9.5 million||
This press release contains, or may be deemed to contain, “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995). Examples of forward-looking statements include information concerning the value of the contract awards and Booz Allen Hamilton’s future performance under the contracts. These statements give Booz Allen Hamilton’s current expectation of future events or its future performance and do not relate directly to historical or current events. A number of factors could cause Booz Allen Hamilton’s future actions and related results to vary from any expectations or goals expressed in, or implied by, the forward-looking statements included in this press release, possibly to a material degree. Some of these factors include, but are not limited to, the risk factors set forth in Booz Allen Hamilton’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on May 30, 2012. All forward-looking statements included in this press release speak only as of the date made, and, except as required by law, Booz Allen Hamilton undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise.
About Booz Allen Hamilton
Booz Allen Hamilton is a leading provider of management and technology consulting services to the U.S. government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations. Booz Allen is headquartered in McLean, Virginia, employs approximately 25,000 people, and had revenue of $5.86 billion for the 12 months ended March 31, 2012.