Booz Allen to acquire Reston-based cyber firm
Acquisition of EverWatch will speed work for national security clients
McLean-based global management consultant Booz Allen Hamilton Inc. announced Wednesday that it plans to acquire EverWatch, a Reston-based government solutions contractor. Terms of the deal were not disclosed.
The deal will allow Booz Allen to speed delivery of classified software development and analytics capabilities for national security clients and complements its artificial intelligence and cyber portfolio, the Fortune 500 company said in a news release.
It is expected to close in the first quarter of Booz Allen’s fiscal 2023, which runs from April 1, 2022, through June 30, 2023.
EverWatch provides intelligence, defense and mission solutions for national security agencies. It was founded in 2017 and is a portfolio company of private investment firm Enlightenment Capital, which provides capital and strategic support to companies in aerospace, defense, government and technology.
After the deal closes, EverWatch will operate as a wholly-owned subsidiary of Booz Allen and work with its national security sector led by Judi Dotson, executive vice president of the firm’s national security business.
“U.S. national and economic security depends on secure, trusted and resilient technology, and in the most dynamic threat landscape of our time, delivering advanced solutions with speed and agility is essential for mission success,” Dotson said. “Combining Booz Allen’s mission experience and advanced technologies with EverWatch’s classified software development and analytics capabilities will help implement faster and more comprehensive solution delivery to help defense and intelligence agencies transform and stay ahead of threats.”