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Booz Allen Completes Acquisition of EverWatch

Enabling faster digital and cyber transformation for intelligence agencies

Booz Allen Hamilton (NYSE: BAH) today announced that it has completed its acquisition of EverWatch. The transaction was previously announced on March 16, 2022.

EverWatch Corp., a portfolio company of Enlightenment Capital, brings a highly cleared workforce, focus on mission-critical classified programs, and expertise in specialized software development, cyber, and analytics that complements Booz Allen’s integrated cybersecurity solutions. EverWatch’s deep expertise in software development, cloud, analytics, AI and machine learning, and TechSIGINT will help Booz Allen leapfrog technology development cycles and meaningfully accelerate mission delivery for national security clients.

“EverWatch’s talented workforce, national security expertise and core technical capabilities are an exceptional strategic fit with Booz Allen’s deep mission insights and robust portfolio of full-spectrum cyber operations, mission analytics, AI, and 5G offerings. The combination will deliver tremendous value to our clients as we work together to navigate a dynamic threat landscape and transform U.S. national cyber capabilities,” said Tom Pfeifer, National Security Sector President at Booz Allen.

“Booz Allen and EverWatch share a passion for the national security mission, advanced innovation, and technical excellence. We are excited to join Booz Allen and look forward to working together to deliver exceptional support to clients in the intelligence community and beyond,” said John Hillen, CEO of EverWatch.

Booz Allen retained Jefferies LLC as financial advisor for the transaction, King & Spalding LLP as legal advisor, and Avascent for strategic industry advisory services. EverWatch retained Baird as financial advisor and Moore & Van Allen PLLC as legal advisor. EverWatch will initially operate as a wholly owned subsidiary of Booz Allen.

About Booz Allen Hamilton

For more than 100 years, military, government, and business leaders have turned to Booz Allen Hamilton to solve their most complex problems. As a consulting firm with experts in analytics, digital solutions, engineering, and cyber, we help organizations transform. We are a key partner on some of the most innovative programs for governments worldwide and trusted by their most sensitive agencies. We work shoulder-to-shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision.

With global headquarters in McLean, Virginia, our firm employs approximately 29,300 people globally as of June 30, 2022 and had revenue of $8.4 billion for the 12 months ended March 31, 2022. To learn more, visit www.boozallen.com. (NYSE: BAH)

Forward Looking Statements

Certain statements contained in this press release and in comments by our management include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include information concerning the acquisition of EverWatch and related matters, prospective performance and opportunities, post-closing operations and the expected benefits of the acquisition, as well as any other statement that does not directly relate to any historical or current fact. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “forecasts,” “expects,” “intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we can give you no assurance these expectations will prove to have been correct. These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.

Additional information concerning risks and uncertainties and other factors can be found in our filings with the Securities and Exchange Commission (the SEC), including in our Annual Report on Form 10-K filed with the SEC on May 20, 2022. All forward looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.

BAHPR-CO

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