Booz Allen Hamilton to Acquire Peraton Labs

Ticker: BAH · Form: 8-K · Filed: 2024-11-12T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, technology, government-contracting

Related Tickers: BAH, PRT

TL;DR

BAH buying Peraton Labs to boost AI/cyber R&D. Deal closes H1 2025.

AI Summary

Booz Allen Hamilton Holding Corp. announced on November 12, 2024, that it has entered into a definitive agreement to acquire Peraton Labs, a subsidiary of Peraton Inc. This acquisition is expected to enhance Booz Allen's capabilities in advanced research and development, particularly in areas like artificial intelligence and cyber. The transaction is anticipated to close in the first half of calendar year 2025, subject to customary closing conditions.

Why It Matters

This acquisition signals Booz Allen's strategic move to bolster its R&D and AI capabilities, potentially positioning it for significant growth in high-tech government contracting.

Risk Assessment

Risk Level: medium — The acquisition is subject to customary closing conditions and regulatory approvals, introducing potential delays or deal termination risks.

Key Players & Entities

FAQ

What is the primary strategic rationale behind Booz Allen Hamilton's acquisition of Peraton Labs?

The acquisition is intended to enhance Booz Allen's capabilities in advanced research and development, particularly in areas such as artificial intelligence and cyber.

When is the acquisition of Peraton Labs expected to be completed?

The transaction is anticipated to close in the first half of calendar year 2025.

What are the conditions for the closing of the Peraton Labs acquisition?

The acquisition is subject to customary closing conditions.

Which entity is Booz Allen Hamilton Holding Corp. acquiring?

Booz Allen Hamilton Holding Corp. is acquiring Peraton Labs, a subsidiary of Peraton Inc.

What is the filing date of this Form 8-K?

The filing date of this Form 8-K is November 12, 2024.

From the Filing

0001443646-24-000212.txt : 20241112 0001443646-24-000212.hdr.sgml : 20241112 20241112163030 ACCESSION NUMBER: 0001443646-24-000212 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 39 CONFORMED PERIOD OF REPORT: 20241112 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241112 DATE AS OF CHANGE: 20241112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Booz Allen Hamilton Holding Corp CENTRAL INDEX KEY: 0001443646 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT CONSULTING SERVICES [8742] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34972 FILM NUMBER: 241448899 BUSINESS ADDRESS: STREET 1: 8283 GREENSBORO DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 BUSINESS PHONE: 703-902-5000 MAIL ADDRESS: STREET 1: 8283 GREENSBORO DRIVE CITY: MCLEAN STATE: VA ZIP: 22102 FORMER COMPANY: FORMER CONFORMED NAME: EXPLORER HOLDING CORP DATE OF NAME CHANGE: 20080821 8-K 1 bah-20241112.htm 8-K bah-20241112 0001443646 False 0001443646 2024-08-13 2024-08-13 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________  FORM 8-K  ___________________________________     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 12, 2024 ( November 12, 2024 ) ___________________________________   Booz Allen Hamilton Holding Corporation (Exact name of Registrant as specified in its charter)   ___________________________________     Delaware   001-34972   26-2634160 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 8283 Greensboro Drive, McLean, Virginia   22102 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (703)   902-5000   ___________________________________   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Class A Common Stock BAH New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ Item 7.01    Regulation FD Disclosure. Booz Allen Hamilton Holding Corporation (the “Company”) expects to present the attached materials to certain investors on or after November 12, 2024. The materials may be used by the Company in various other presentations to investors. A copy of the materials is attached as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 and Exhibit 99.1 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 193

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