Booz Allen Hamilton’s acquisition of a Laurel-based digital services and cloud firm is going to close later than expected.
The government contractor’s $250 million deal for Aquilent was supposed to be done by the end of 2016, but it’s now being pushed back to March 31, which is the end of Booz Allen’s fiscal year. An SEC filing detailing the delay said the two sides “continue to work on certain contract transition related matters.”
The deal would add 350 employees and create a digital services hub for the company in Laurel for a giant that’s looking to get more into tech and IT. Booz Allen Executive Vice President Greg Wenzel told GovCon Wire in December that the contracting giant wants to be able to offer digital services in addition to its management consulting and strategy work.
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