Market Overview

Booz Allen Hamilton Wins $25.8M Contract to Support Federal Highway Administration Policy Initiatives

Related BAH
Jim Cramer Advises His Viewers On Adobe, Barnes & Noble And More
A Peek Into The Markets: US Stock Futures Up, Dow Futures Rise Over 100 Points

Booz Allen Hamilton (NYSE: BAH) today announced it received a $25.8 million award from the U.S. Department of Transportation (USDOT) to provide program and technical support to the Federal Highway Administration (FHWA) Office of Policy in coordination and management of its policy research and assessment. The Indefinite Delivery/Indefinite Quantity (IDIQ) contract, competitively awarded earlier this month, runs through June 2018.

The FHWA Office of Policy serves as the primary counselor on FHWA policy development and analysis. Booz Allen has been selected to support the FHWA mission by developing methods needed to formulate policy positions; developing and refining tools for the quantitative assessment of highway investment; enhancing FHWA's strategic plan and performance management process; designing household travel surveys; and researching international transportation innovations.

The contract expands Booz Allen's partnership with the USDOT and FHWA. Booz Allen also supports Intelligent Transportation Systems (ITS), Transportation Management and Operations, and Traffic Incident and Events Management programs. Earlier this year, USDOT awarded Booz Allen three five-year competitive contracts with a combined maximum value of $102 million.

Posted-In: News Contracts


Related Articles (BAH)

View Comments and Join the Discussion!

UPDATE: Stifel Nicolaus Initiates Gartner at Buy on Positive Outlook

UPDATE: Morgan Stanley Downgrades Zynga on Updated Guidance