Booz Allen Expands its Commercial Footprint in Charlotte
Booz Allen Hamilton (NYSE: BAH) announced today its plans to expand its presence in Charlotte as part of its commercial growth and expansion goals.
Booz Allen’s business focus in Charlotte will be in the commercial sector, with initial emphasis in the financial services, energy, and health care industries. Booz Allen will be hiring professionals with expertise in these industries who also have experience in business process and systems implementation. As a leading provider of management and technology consulting services to the U.S. government in the defense, intelligence, and civil markets and to not-for-profit organizations, Booz Allen plans to leverage its strong functional reputation in the Charlotte commercial industry.
“Booz Allen’s expansion in Charlotte furthers the firm’s commitment to providing our financial services, energy, and health care clients with solutions to strategy and organization, technology, operations, and analytics challenges,” said Patrick Peck, executive vice president and head of Booz Allen’s U.S. commercial business. “We are excited about building our footprint in Charlotte, which will help Booz Allen meet its growth plans for the East coast and throughout the United States.”
Booz Allen is consistently recognized with awards such as the “100 Best Companies to Work For” by Fortune Magazine, “Best Firms to Work For” by Consulting Magazine, and “Working Mother 100 Best Companies” by Working Mother magazine.
“We welcome Booz Allen Hamilton to the Charlotte corporate community,” said Bob Morgan, president of the Charlotte Chamber of Commerce. “They bring a level of expertise to Charlotte that will benefit both the private and public sectors and hopefully this is just the beginning of their firm’s growth here,” he added.
Booz Allen recently hired nearly 20 management and technology consultant employees in Charlotte as part of its commercial growth and expansion goals. Its projections include reaching 40 staff members in the first quarter of calendar year 2012, with steady growth throughout the following next 12 months.
Booz Allen is currently working with a local real estate representative to review its needs in Charlotte. In the meantime, its employees are working in transitional space and on client sites, as well as serving clients from other Booz Allen locations.
About Booz Allen Hamilton Booz Allen Hamilton (www.boozallen.com) is a leading provider of management and technology consulting services to the U.S. government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations. Booz Allen is headquartered in McLean, Virginia, employs more than 25,000 people, and had revenue of $5.59 billion for the 12 months ended March 31, 2011 (NYSE: BAH).
Carrie Lake Manager, Media Relations Booz Allen Hamilton 703.377.7785 Lake_Carrie@bah.com
Jeff Edge Senior Vice President, Economic Development Charlotte Chamber 704.378.1307 jedge@charlottechamber.com
Forward-Looking Statements This press release contains, or may be deemed to contain, “forward-looking statements” (as defined in the U.S. Private Securities Litigation Reform Act of 1995). Examples of forward-looking statements include information concerning future commercial growth and expansion goals and new staff member hires. These statements give Booz Allen Hamilton’s current expectation of future events or its future performance and do not relate directly to historical or current events. A number of factors could cause Booz Allen Hamilton’s future actions and related results to vary from any expectations or goals expressed in, or implied by, the forward-looking statements included in this press release, possibly to a material degree. Some of these factors include, but are not limited to, the risk factors set forth in Booz Allen Hamilton’s Annual Report on Form 10-K for the fiscal year ended March 31, 2011 filed with the Securities and Exchange Commission. All forward-looking statements included in this press release speak only as of the date made, and, except as required by law, Booz Allen Hamilton undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise.
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