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Booz Allen Hamilton Holding Corp Closes Purchase Of Defense Systems Engineering And Support Division Of ARINC Incorporated

Monday, 3 Dec 2012 08:00am EST 

Booz Allen Hamilton Holding Corp announced that it closed its purchase of the Defense Systems Engineering and Support (DSES) division of ARINC Incorporated on November 30, 2012. The transaction adds to Booz Allen`s workforce approximately 1,000 employees, based in various locations nationwide, many of which align with existing Booz Allen offices. Booz Allen paid $154 million in cash to ARINC, and expects the transaction to be accretive to its earnings in fiscal 2014, which begins April 1, 2013. 

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-0.09 -0.43%
9 Jul 2014