Booz Allen Secures Place In IRS EDOS Contract

Booz Allen Hamilton Holding Corp BAH disclosed securing a position on the Internal Revenue Service (IRS) Enterprise Development, Operations Services (EDOS) contract, a Blanket Purchase Agreement with a ceiling value of $2.6 billion. 

The multiple-award BPA has seven years of performance.

With this contract, Booz Allen maintained a track record of over 25 years as a strategic mission partner supporting the IRS. 

The IRS's information technology teams focus on offering IT services and solutions to enable effective tax administration, and the EDOS contract aids it in modernizing mission-critical applications efficiently and cost-effectively while implementing annual tax season legislative prerequisites. 

"EDOS is an exciting milestone in a period of transformation for the IRS to reimagine the taxpayer experience," said Richard Crowe, Civil sector president.

Last month, BAH Q4 sales grew 8.7% year-on-year to $2.43 billion, beating the consensus of $2.39 billion, and adjusted EPS of $1.01 topped the consensus of $0.95.

Price Action: BAH shares are trading higher by 0.28% at $109.10 on the last check Tuesday.