Booz Allen makes initial public offering, begins trading on New York Stock Exchange

Nov. 28, 2010
MC LEAN, Va., 28 Nov. 2010. Booz Allen Hamilton Holding Corp. in McLean, Va., has begun trading on the New York Stock Exchange under the ticker symbol NYSE:BAH, after pricing its initial public offering of 14 million shares of Class A common stock at $17 per share earlier this month. Booz Allen started trading on the New York Stock Exchange on 17 Nov.

MC LEAN, Va., 28 Nov. 2010.Booz Allen Hamilton Holding Corp. in McLean, Va., has begun trading on the New York Stock Exchange under the ticker symbol NYSE:BAH, after pricing its initial public offering of 14 million shares of Class A common stock at $17 per share earlier this month. Booz Allen started trading on the New York Stock Exchange on 17 Nov.

The underwriters may purchase as many as 2.1 million additional shares at the initial offering price less the underwriting discounts and commissions to cover over-allotments, if any, company officials say. Booz Allen is a management and technology consulting company that primarily serves the U.S. government, the defense, intelligence, and civil sectors, as well as corporations, institutions, and nonprofit organizations.

Morgan Stanley & Co. Inc., Barclays Capital Inc., BofA Merrill Lynch, and Credit Suisse Securities (USA) LLC are acting as joint book-running managers of this offering with Stifel, Nicolaus & Co. Inc. acting as co-lead manager and BB&T Capital Markets LLC, Lazard Capital Markets LLC and Raymond James & Associates, Inc. acting as co-managers.

A registration statement was filed with and declared effective on 16 Nov. by the Securities and Exchange Commission. The offering of these securities is being made only by means of a written prospectus forming part of the effective registration statement.

For a copy of the final prospectus, contact Morgan Stanley by e-mail at [email protected], by phone at 866-718-1649, or by post at attn. prospectus dept., 180 Varick St., 2nd floor, New York, N.Y. 10014.

For more information contact Booz Allen online at www.boozallen.com.

About the Author

John Keller | Editor

John Keller is editor-in-chief of Military & Aerospace Electronics magazine, which provides extensive coverage and analysis of enabling electronic and optoelectronic technologies in military, space, and commercial aviation applications. A member of the Military & Aerospace Electronics staff since the magazine's founding in 1989, Mr. Keller took over as chief editor in 1995.

Voice your opinion!

To join the conversation, and become an exclusive member of Military Aerospace, create an account today!