A non-compete agreement recently expired that allows Booz Allen Hamilton back into the commercial business. The non-compete was related to the spin-off of Booz & Company back in 2008, which had prohibited the government-focused consulting business from re-entering the commercial market. But that was then and this is now.
Currently, the commercial business is "incubating" as part of BAH's civil business, says Patrick Peck, executive vice president and leader of Booz Allen's U.S. Commercial Business. "So far, we're exceeding our internal plan, and I think we're exceeding the leadership team's expectations around revenue and staff growth," Peck says. "Downstream, we have aspirations for the commercial business to be, at the bottom line, equivalent to our civil, defense and security businesses."
By "downstream," Peck's talking about a three-to five-year window. BAH never technically left the commercial business. As part of the non-compete, the firm was always permitted to continue selling work under anything related to cyber security in the commercial space, Peck says.
