Booz Allen Acquires Cobham Ultra for $720M
Booz Allen Hamilton entered into a definitive agreement with the Cobham Ultra Group, an Advent portfolio company, to acquire its Ultra I&C Mission Solutions business for $720M. Ultra Mission Solutions is a defense technology business specializing in mission-critical software, encryption, and edge-compute products. As global threats intensify, commercial technologies have become increasingly central to modern warfighting. The U.S. and its allies require solutions that seamlessly integrate this wave of new technologies to generate operational utility on the battlefield. Together, Booz Allen and Ultra Mission Solutions will provide an enhanced set of products to unlock this advantage for national security missions at greater speed and scale. For years, both Booz Allen and Ultra Mission Solutions have been focused on building products and capabilities that help warfighters integrate, secure, and operationalize technology at the edge and across domains. Booz Allen's portfolio of AI-driven battle management, resilient communications, and edge infrastructure solutions-including the Modular Detachment Kit, EdgeXtend and Sit-will expand with Ultra Solutions' mission-ready tech stack. Ultra Mission Solutions' core offerings, including Apex, ADSI ACTS, Rain, and Knox, unify command and control, edge compute, secure data movement, and encryption into a modular architecture capable of operating in contested or disconnected environments. These solutions will now integrate into a unified platform available to national security clients worldwide. The acquisition will enable increased product integration and commercially available solutions accessible through outcomes-based procurement, Foreign Military Sales, and other go-to-market channels. Booz Allen expects revenue from this acquisition to grow at a strong double-digit rate for the next several years with EBITDA margins well above 20%. The transaction is expected to close in the second quarter of Booz Allen's fiscal year 2027 and is subject to customary closing conditions. Following the closing of the transaction, Ultra Mission Solutions will operate as a wholly owned subsidiary of Booz Allen.