July 21, 2023 - McLean, VA
Booz Allen has agreed to settle the U.S. Department of Justice’s (DOJ) civil investigation into highly technical elements of the company’s government cost accounting and indirect cost charging practices filed in September 2016, which has been under seal. The settlement amount of $377.5 million is within the range the company previously disclosed on May 26, 2023.
Booz Allen has always believed it acted lawfully and responsibly. It decided to settle this civil inquiry for pragmatic business reasons to avoid the delay, uncertainty, and expense of protracted litigation. The company did not want to engage in what likely would have been a years-long court fight with its largest client, the U.S. government, on an immensely complex matter. This settlement ends the DOJ’s civil investigation more than six years after it began. DOJ closed its parallel criminal investigation more than two years ago, taking no action.
The company fully cooperated with the government and is pleased to move forward. Booz Allen has always prided itself in providing exceptional client service, operating with integrity, and seeking to continuously improve.
Facts about Booz Allen’s settlement with the Department of Justice
