Moving closer to a decision
Published: Feb 08, 2008
As a follow-up to an earlier post covering speculation on a split between Booz Allen's commercial and government businesses, check out this article published earlier this week in The Washington Post. The company is now officially in talks with the Carlyle Group about selling off its government unit, and it's possible a final decision could be made as early as this month.
"We've tried a number of different organizational approaches during our history," said Marie Lerch, senior director of marketing and communications and a 30-year firm veteran. "There are great things that have held us together and there are different things. As the government side has seen its share of growth, it's made the tension more significant to the point where management is now looking at whether it makes the most sense to strategically separate." In short, with most execs concentrated in the commercial side of the business, those on the government side felt that they weren't receiving a proportionate slice of the pie.
More to come, I'm sure.