Booz Allen Hamilton Wins $475 Million SOCOM Contract

Before you go, we thought you'd like these...
Before you go close icon

On Wednesday, the Department of Defense announced it has awarded consulting firm Booz Allen Hamilton a contract to provide Resiliency and Human Performance Programs support personnel to work in the U.S. Special Operations Command's (SOCOM) Preservation of the Force and Family (POTFF) programs.

As described on the website of the U.S. Air Force Special Operations Command, POTFF is an initiative aimed at alleviating the strains and pressures of multiple deployments on SOCOM families, which will "identify problems and underlying symptoms, as well as highlight best practices of service specific and Special Operations Forces programs designed to support servicemembers and their families."

The contract has a $475 million "maximum ceiling" value and is classified as an indefinite-delivery/indefinite quanity contract -- meaning there is no guarantee the full amount will ultimately be billed. Indeed, the announcement notes that the minimum Booz might make off of this contract is just $2,500.

The contract will run for no longer than five years.

The article Booz Allen Hamilton Wins $475 Million SOCOM Contract originally appeared on

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners