Booz Allen Hamilton, which provides management and technology consulting services to the US government, announced terms for its IPO on Thursday. The McLean, VA-based company plans to raise $252 million by offering 14 million Class A shares at a price range of $17-$19. At the mid-point of the proposed range, Booz Allen Hamilton will command a market value of $2.2 billion. Booz Allen Hamilton, which was founded in 1914 and booked $5.2 billion in sales for the 12 months ended June 30, plans to list on the NYSE under the symbol BAH. Morgan Stanley, Barclays Capital are the lead underwriters on the deal, which is expected to price during the week of November 15.
