Cobham Ultra Group, backed by Advent, agreed to sell its Ultra Mission Solutions unit to Booz Allen Hamilton for $720 million. Ultra Mission Solutions, based in Austin, Texas, builds mission‑critical software, encryption and edge‑compute products for defense customers. The deal shifts a niche defense‑tech portfolio from a private‑equity owner to a major consulting firm.

The transaction is slated to close in the second quarter of Booz Allen’s fiscal 2027, positioning the firm to expand its federal IT services footprint. By integrating Ultra Mission’s capabilities, Booz Allen can offer end‑to‑end solutions that combine consulting expertise with hardened software, a combination increasingly demanded by U.S. defense agencies seeking faster fielding of secure technology.

After closing, Ultra Mission Solutions will operate as a Booz Allen subsidiary, preserving its Austin R&D base while tapping the parent’s global client network. Investors see the price tag as a premium for specialized cyber‑defense assets, and the move underscores a broader trend of consulting firms buying niche technology firms to deepen their government offerings.

The acquisition gives Booz Allen immediate entry into a market segment valued at several billions, potentially boosting its defense revenue and enhancing cross‑sell opportunities with existing federal contracts.