Bloomberg Law
Dec. 27, 2022, 4:06 PM

Booz Allen-EverWatch Deal Challenge Dropped by DOJ Antitrust Unit

Dan Papscun
Dan Papscun

The Justice Department agreed to drop its lawsuit challenging Booz Allen Hamilton’s $440 million acquisition of defense firm EverWatch, under a condition that the companies continue to compete for a sensitive intelligence contract.

The joint stipulation of voluntary dismissal, filed Dec. 23 in the US District Court for the District of Maryland, marks the apparent end to the Justice Department’s six-month attempt to block the deal. The DOJ’s antitrust division argued it would create a monopoly in the market for the National Security Agency signals intelligence contract “Optimal Decision.”

“The United States commits to the Court that it will not ...