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Booz Allen Hamilton Holding Corporation - BAH STOCK NEWS

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Booz Allen Hamilton Holding Corporation (NYSE: BAH) is a renowned leader in the fields of management and technology consulting, boasting a legacy that spans over a century. The company excels in providing consulting, analytics, mission operations, technology, systems delivery, cybersecurity, engineering, and innovation expertise. Booz Allen Hamilton partners with Fortune 500 corporations, government entities, and not-for-profit organizations around the world to tackle some of the most complex challenges.

Headquartered in McLean, Virginia, Booz Allen Hamilton serves a diverse client base, including defense, intelligence, and civil markets. The firm’s commitment to excellence is evident in its extensive portfolio of services, which includes cloud computing, cybersecurity consulting, and comprehensive engineering solutions. These offerings are designed to support clients in achieving their goals through strategic guidance and innovative technology.

Recent achievements of Booz Allen Hamilton include securing contracts with key government agencies and expanding its influence in the commercial sector. The company has been instrumental in driving technological advancements and providing critical support in areas such as national security, public health, and financial services. Their dedication to client success is underscored by their ability to deliver long-term, impactful solutions.

Booz Allen Hamilton's financial stability is reinforced by its strategic partnerships and its ability to adapt to the evolving needs of its clients. The firm continues to invest in cutting-edge technologies and talent acquisition, ensuring that it remains at the forefront of the industry.

For those interested in the latest developments and performance metrics of Booz Allen Hamilton, regular updates and news can be found on their website and various financial news platforms.

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Safe Security and Booz Allen Hamilton (NYSE: BAH) have launched a next-generation Integrated Risk Management-as-a-Service (IRMaaS) suite of offerings. The collaboration combines Safe Security's AI-powered CRQM platform SAFE One with Booz Allen's expertise in cybersecurity strategy and risk management.

The service provides continuous cyber risk assessments, cyber program strategy design, regulatory compliance reporting, and third-party risk management. The offering leverages data-driven insights and AI technology to help organizations monitor and manage cyber risks in financial terms, based on the FAIR™ CRQ framework. Early IRMaaS pilot programs have demonstrated measurable success, including significant cost savings through automation and optimized cyber defense strategies.

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Booz Allen Hamilton (NYSE: BAH) announced two key leadership appointments effective April 1, 2025. Andrea Inserra, currently executive vice president, will become Global Defense Sector President, while Steve Escaravage will lead the newly formed Defense Technology Group. These appointments align with the company's VoLT growth strategy focusing on velocity, leadership, and technology.

Inserra, who joined in 1998, previously led the Aerospace business and worked with clients including the U.S. Air Force, Space Force, and NASA. She will succeed Judi Dotson, who is retiring in June 2025 after 35 years. Escaravage, a 24-year company veteran, will focus on accelerating capability development for defense clients, including all six U.S. military branches, the Office of the Secretary of Defense, and NASA.

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Booz Allen Hamilton (BAH) and Palantir Technologies (PLTR) announced a strategic co-creation partnership to enhance U.S. defense capabilities. The collaboration focuses on two key areas: transformational information infrastructure modernization and accelerating integrated warfighting operations with coalition partners.

The partnership has already demonstrated success, creating a prototype in just 45 days. The initiative aims to leverage both companies' technologies and expertise to address urgent national security challenges. Booz Allen brings deep mission expertise in defense technology, while Palantir contributes its AI, machine learning, and data integration capabilities.

This alliance builds upon previous successful collaborations between the companies in supporting U.S. government programs, with potential for further co-creation and IP development across various critical missions.

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Booz Allen Hamilton (NYSE: BAH) announced a strategic investment in Reality Defender through its venture capital arm, Booz Allen Ventures. Reality Defender specializes in deepfake and synthetic media detection using advanced AI to identify and combat AI-generated threats. The investment enhances Booz Allen's AI and cyber capabilities, building on its position as the leading provider of AI and cybersecurity for the U.S. federal government. Reality Defender's platform offers real-time protection against synthetic media threats and impersonations, providing scalable solutions for government and enterprise clients. This investment is part of Booz Allen's $100 million venture capital initiative launched in 2022.

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Booz Allen Hamilton (NYSE: BAH) has been recognized as the leading provider of cybersecurity to the federal government, according to GovWin from Deltek. The company's cyber business includes over 8,000 cyber professionals working on nearly 300 active cyber projects. For fiscal year 2025, Booz Allen projects total cyber revenue between $2.5 and $2.8 billion, representing almost 25% of their projected revenue.

The company identifies four key growth vectors: maintaining U.S. strategic advantage in cyber domain, transforming cyber defense through zero trust and AI, securing the physical world, and preparing for a post-quantum world. As the number one provider of AI solutions to the federal government, Booz Allen is positioned to address evolving cybersecurity challenges across public and private sectors.

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Booz Allen Hamilton (NYSE: BAH) announced that its venture capital arm, Booz Allen Ventures, has made a strategic investment in Starfish Space, a satellite servicing company specializing in satellite life extension and end-of-life disposal. Founded by former Blue Origin and NASA engineers, Starfish Space's autonomous satellite servicing vehicle, Otter, provides solutions for managing satellites in congested orbital paths. The company recently executed its Otter Pup demonstration mission, secured a $37.5M contract with U.S. Space Force, signed with Intelsat for life extension, and partnered with NASA for debris inspection. This marks Booz Allen Ventures' third space-focused investment, highlighting their commitment to space infrastructure innovation.

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Booz Allen Hamilton (NYSE: BAH) announced it will release its second quarter fiscal year 2025 financial results. The company will host a conference call on October 25, 2024, at 8 a.m. EDT to discuss the results. Analysts and institutional investors can register online at investors.boozallen.com. A public webcast will be available, and a replay will be accessible for 12 months starting at 11 a.m. EDT on the same day.

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Booz Allen Hamilton (NYSE: BAH), the leading cybersecurity provider for the U.S. government, will participate in Singapore International Cyber Week (SICW) from October 14-17, 2024. As a company with over 8,000 cyber professionals and 30 years of experience, Booz Allen brings significant expertise to global cyber challenges.

Key Booz Allen leaders will contribute to several sessions:

  • Garrettson Blight will moderate a panel on 2024's Cyber Threats
  • Stephen Fogarty will discuss organizational cybersecurity culture
  • Jim Allen will participate in a panel on AI in Cybersecurity Operations

The event, held at Sands Expo and Convention Center, will focus on 'Trust and Security in the Digital Era' and include the GovWare Conference and Exhibition.

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Booz Allen Hamilton (NYSE: BAH) has expanded its tech innovation ecosystem with two new facilities: a flagship engineering facility in Lorton, Virginia, and a maritime tech facility in Bremerton, Washington. These additions aim to decrease time from development to deployment and enhance mission readiness for warfighters.

The Lorton facility, housing the Warfighter Applications and Rapid Prototyping Center (WARP-C), features specialized labs for warfighter performance, robotics, data and cyber, and material science. It includes a high bay facility for testing, prototyping, and systems integration, supporting small drone testing and payload integration.

The Bremerton Maritime Tech Facility focuses on unmanned maritime technology and rapid integration, addressing challenges in the Indo-Pacific region. It includes an Unmanned Rapid Integration Lab and an immersive lab for extended reality technologies.

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Booz Allen Hamilton (NYSE: BAH) has announced new insights into its cyber business, highlighting its role as the leading cyber security provider for the U.S. government. With over 8,000 cyber professionals and nearly 300 active cyber projects, Booz Allen supports both offensive and defensive U.S. government missions and commercial enterprises.

The company expects its total cyber revenue to reach between $2.5 and $2.8 billion in Fiscal Year 2025, representing nearly a quarter of its projected total revenue. Booz Allen's 'One Battlespace' approach addresses the growing cyber threat across defense, intelligence, civilian, and commercial infrastructures. This strategy positions the company to tackle key trends in clients' cyber missions, including maintaining U.S. strategic advantage, transforming cyber defense through Zero Trust and AI systems, securing the physical world, and preparing for a post-quantum world.

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FAQ

What is the current stock price of Booz Allen Hamilton Holding Corporation (BAH)?

The current stock price of Booz Allen Hamilton Holding Corporation (BAH) is $131.19 as of December 20, 2024.

What is the market cap of Booz Allen Hamilton Holding Corporation (BAH)?

The market cap of Booz Allen Hamilton Holding Corporation (BAH) is approximately 16.6B.

What does Booz Allen Hamilton do?

Booz Allen Hamilton provides management and technology consulting, engineering services, and strategic guidance to various sectors, including defense, intelligence, and civil markets.

Who are Booz Allen Hamilton's clients?

The company's clients include Fortune 500 corporations, U.S. government agencies, non-profit organizations, and institutions around the world.

What services does Booz Allen Hamilton offer?

Their services include consulting, analytics, mission operations, technology, systems delivery, cybersecurity, engineering, and innovation expertise.

Where is Booz Allen Hamilton headquartered?

The company is headquartered in McLean, Virginia.

How long has Booz Allen Hamilton been in business?

Booz Allen Hamilton has been at the forefront of strategy and technology for more than 100 years.

What markets does Booz Allen Hamilton serve?

The firm serves defense, intelligence, civil markets, commercial sectors, and non-profits.

What recent achievements has Booz Allen Hamilton made?

The company has secured key government contracts, expanded its commercial sector influence, and driven technological advancements in national security, public health, and financial services.

How does Booz Allen Hamilton maintain its financial stability?

The company's financial stability is maintained through strategic partnerships, investments in technology, and talent acquisition to meet evolving client needs.

Where can I find updates on Booz Allen Hamilton?

Updates and news can be found on the company's website and various financial news platforms.

What is Booz Allen Hamilton's stock symbol?

Booz Allen Hamilton's stock symbol is BAH, traded on the New York Stock Exchange (NYSE).

Booz Allen Hamilton Holding Corporation

NYSE:BAH

BAH Rankings

BAH Stock Data

16.57B
125.72M
1.56%
93.7%
2.96%
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