IC Technology & Surveillance — 2026-06-24

Booz Allen Hamilton to Acquire Ultra Intelligence and Communications Mission Solutions for 720 Million Dollars

BLUFBooz Allen likely closes this $720 million acquisition by late September 2026, buying product revenue to patch a services business posting negative quarterly growth.

On June 22, Booz Allen Hamilton announced a definitive agreement to acquire Ultra I&C Mission Solutions from Cobham Ultra Group, an Advent portfolio company, for $720 million 123. Ultra Mission Solutions, headquartered in Austin, Texas, employs approximately 220 people across five U.S. facilities and develops mission-critical software, encryption, and edge-compute products for U.S. Army, Air Force, Navy, and allied programs across three lines of business 3. Its product stack, including Apex, ADSI, ACTS, Rain, and Knox, covers command and control, edge compute, secure data movement, and encryption engineered for contested or disconnected environments 13. Booz Allen projects strong double-digit revenue growth and EBITDA margins above 20 percent from the unit; the transaction is expected to close by end of September 2026, subject to customary conditions 3.

Analysis
The transaction likely closes by September 30, 2026, adding a vertically integrated encryption, C2, and edge-compute product stack to Booz Allen's portfolio at a moment when its services-led business faces revenue headwinds. Booz Allen reported negative first-quarter FY2027 growth against a 0-4% full-year guide, making Ultra's projected double-digit revenue and 20-percent-plus EBITDA margins a meaningful recovery lever rather than a purely capability-driven acquisition. Moderate confidence rests on a publicly committed timeline and standard deal structure; no open-source reporting addresses CFIUS posture or any identified closing risk.
4 sources
  1. Booz Allen to acquire Ultra I&C Mission Solutions - Intelligence Community News
  2. Booz Allen to Acquire Ultra I&C Mission Solutions Business, Further Strengthening Defense Technology Portfolio - Booz Allen Hamilton
  3. Booz Allen to acquire Ultra Mission Solutions for $720 million - Investing.com
  4. Booz Allen to Acquire Ultra I&C Mission Solutions for $720M - GovConWire

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