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<ul>
	<li>A federal judge in Maryland declined to halt&nbsp;Booz Allen Hamilton Holding Corp&#39;s&nbsp;BAH acquisition of a competing cybersecurity company EverWatch, scoring a victory against the Department of Justice.</li>
	<li>The judge ordered the two sides to report back on the next steps of the case.</li>
	<li>Booz Allen in March moved to acquire EverWatch, a company it had been competing against to win a five-year contract to support the National Security Agency&#39;s mission of collecting foreign communications, the Wall Street Journal&nbsp;<a class="editor-rtfLink" href="https://www.wsj.com/articles/judge-rebuffs-doj-request-to-block-booz-allen-hamiltons-cybersecurity-deal-11665534098?mod=business_lead_pos2" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">reported</a>.</li>
	<li>The DOJ prosecuted in June, alleging that the acquisition would drive up prices for the U.S. government and create a monopoly supplier for critical national-security&nbsp;<a class="editor-rtfLink" href="https://www.justice.gov/opa/pr/justice-department-sues-block-booz-allen-hamilton-s-proposed-acquisition-everwatch" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">services</a>.</li>
	<li>Booz Allen is a government contractor that provides management and technology consulting services. EverWatch builds systems to defend against national cyber threats.</li>
	<li>Booz Allen said at the time the DOJ filed its lawsuit in June that authorities were wrong about the deal, which the company said would benefit its government customers.</li>
	<li>Cybersecurity stocks assumed growing importance since companies became targets of attacks as the&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/22/10/29198457/hackers-attack-this-australian-it-firm-within-weeks-of-optus-breach" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">world moved online</a>. It also became a lethal weapon&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/22/09/28983422/googles-study-claims-russia-resorting-to-cyberattacks-against-ukraine" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">to win wars</a>.</li>
	<li>In September,&nbsp;Microsoft Corp&nbsp;MSFT security chief Charlie Bell highlighted the importance of innovation of machine learning algorithms for&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/22/09/28988457/microsoft-security-head-zeroes-on-ai-for-cybersecurity" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">better cybersecurity solutions</a>.</li>
	<li>Price Action:&nbsp;BAH shares closed lower by 0.24% at $96.49 on Tuesday.</li>
	<li>Photo by Capri23auto from Pixabay</li>
</ul>

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 A federal judge in Maryland declined to halt&nbsp;Booz Allen Hamilton Holding Corp&#39;s&nbsp;(NYSE: BAH) acquisition of a competing cybersecurity company EverWatch, scoring a victory against the Department of Justice. 

US Judge Refuses To Block Booz Allen Hamilton's Acquisition Of Rival Cybersecurity Company - Booz Allen Hamilton (NYSE:BAH)

Anusuya Lahiri

Microsoft

Booz Allen Hamilton

<ul>
	<li>A federal judge in Maryland declined to halt&nbsp;Booz Allen Hamilton Holding Corp&#39;s&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bah#NYSE">BAH</a>) acquisition of a competing cybersecurity company EverWatch, scoring a victory against the Department of Justice.</li>

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US Judge Refuses To Block Booz Allen Hamilton's Acquisition Of Rival Cybersecurity Company

Booz Allen Hamilton Holding Corp

Microsoft Corp

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