Booz Allen Hamilton (NYSE: BAH) hasÂ concluded its acquisition of Aquilent, also known as eGov Holdings, as part of efforts to growÂ digital service offerings for the federal sector.
Both companies first announced theÂ $250 million deal in November and Booz Allen said Tuesday it estimates thatÂ Laurel, Maryland-based Aquilent willÂ contributeÂ nearly $20 million toÂ fiscal 2017Â revenue.
Aquilent divested its SeaPort-e Portal support contract with the U.S. Navy to a third party in order to prevent conflicts of interest as a result of the company’s integration into Booz Allen, which currently holds a prime position on the service branch’s procurement vehicle for a variety of support services.
The contract divestiture coversÂ data, code rights, relatedÂ assets and roughly 30 contractor personnel and is not projectedÂ to affect the companies’ synergy.
Booz Allen said it also seeks to provideÂ mobile, cloud and modular technology servicesÂ to customers with the use ofÂ agile, open source and DevOpsÂ methods.