---
schema_version: "secwatch.filing_event.v1"
accession: "0001443646-23-000164"
form_type: "8-K"
ticker: "BAH"
cik: "0001443646"
company_name: "Booz Allen Hamilton Holding Corp"
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T04:54:06.118625+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Booz Allen settles DOJ probe for $377.5M, resolves cost-accounting claims from 2011-2021

## Summary
- Pays $377.5M to DOJ to end civil investigation into indirect cost charging practices, April 2011 – March 2021.
- Previously recorded $350M reserve; range of reasonably possible loss was $350M-$378M.
- Settlement covers civil False Claims Act and other statutory claims; no admission of liability.
- Payment funded from cash on hand and revolving credit facility draws.
- Avoids delay and expense of protracted litigation; U.S. releases company for covered conduct.

## SEC filing metadata
- accession: 0001443646-23-000164
- form_type: 8-K
- ticker: BAH
- cik: 0001443646
- company_name: Booz Allen Hamilton Holding Corp
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1443646/000144364623000164/0001443646-23-000164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1443646/000144364623000164/bah-20230721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001443646-23-000164
- JSON: https://secwatch.observer/filing/0001443646-23-000164.json
- Plain text: https://secwatch.observer/filing/0001443646-23-000164.txt

## Key facts
- Material Agreements
  Booz Allen Hamilton Holding Corp entered into Settlement Agreement with the United States of America, acting through the United States Department of Justice (the “DOJ”) and on behalf of the Defense Contract Management Agency (collectively, the “United States”) valued at $377.5 million (effective 2023-07-21).
  - Action: entry
  - Agreement: settlement
  - Counterparty: the United States of America, acting through the United States Department of Justice (the “DOJ”) and on behalf of the Defense Contract Management Agency (collectively, the “United States”)
  - Value: $377.5 million
  - Effective: 2023-07-21
  source text: On July 21, 2023, Booz Allen Hamilton Holding Corporation (the “Company”) entered into a Settlement Agreement (the “Settlement Agreement”) with the United States of America, acting through the United States Department of Justice (the “DOJ”) and on behalf of the Defense Contract Management Agency (collectively, the “United States”), to resolve the previously disclosed civil investigation related to certain elements of the Company's cost accounting and indirect cost charging practices from April 1, 2011 through March 31, 2021 (the “Covered Conduct ”). Under the terms of the Settlement Agreement, the Company has agreed to pay to the United States $377.5 million (the “Settlement Amount”), which the Company expects to pay with cash on hand and by drawing on its revolving credit facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1443646/000144364623000164/0001443646-23-000164-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.