Booz Allen Awarded Position On $2.6B Internal Revenue Service Enterprise Development, Operations Services Contract
Portfolio Pulse from Happy Mohamed
Booz Allen Hamilton (NYSE: BAH) has been awarded a position on the Internal Revenue Service's (IRS) Enterprise Development, Operations Services (EDOS) contract, a Blanket Purchase Agreement (BPA) with a ceiling value of $2.6 billion. The contract aims to modernize mission-critical applications and support the IRS's tax administration and modernization goals.
June 27, 2023 | 12:15 pm
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Booz Allen Hamilton has been awarded a position on the IRS's $2.6 billion EDOS contract, which aims to modernize mission-critical applications and support tax administration.
The $2.6 billion contract will provide a significant revenue stream for Booz Allen Hamilton over the seven-year period of performance. This will likely have a positive impact on the company's stock price in the short term.
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