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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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Booz Allen Hamilton (NYSE: BAH) has completed the transfer of all assets related to SnapAttack™, a cloud-based cyber threat detection solution, to a newly formed company. This entity focuses on enhancing cyber threat hunting and detection services. Key personnel, including CTO Fred Frey and CPO Tim Nary, will lead SnapAttack, which maintains a strategic partnership with Booz Allen to leverage its federal client base. This strategic move aims to accelerate SnapAttack's growth and improve its capabilities in addressing sophisticated cyber threats.

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Booz Allen Hamilton Holding Corporation (NYSE: BAH) announced preliminary results for Q2 of fiscal 2022. The company provides management and technology consulting and engineering services. As of September 30, 2021, Booz Allen employs around 29,200 people and reported annual revenue of $7.9 billion for the previous year, ending March 31, 2021. A conference call will be held at 8 a.m. EDT on October 29, 2021, to discuss these financial results, with a replay available for 30 days post-call.

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Shore Systems and Solutions, LLC, a veteran-owned joint venture between Decisive Point Consulting Group and Booz Allen Hamilton, has secured an award from the U.S. Department of Veterans Affairs. This contract allows the company to provide advanced patient safety technology to veterans across 1,293 facilities in the U.S. and its territories. DPCG emphasizes its commitment to veteran workforce representation, with 70% of its employees being veterans, reinforcing its dedication to enhancing patient safety for veterans and their families.

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Booz Allen Hamilton's subsidiary, Tracepoint, has been awarded the Cyber Startup of the Year by the Northern Virginia Technology Council at the annual Capital Cybersecurity Summit. This accolade recognizes Tracepoint's contributions to the cybersecurity sector, emphasizing its growth since its founding in December 2019. The company specializes in Digital Forensics and Incident Response, offering advanced cyber defense solutions. Since its acquisition by Booz Allen in September 2021, Tracepoint has significantly enhanced Booz Allen's cybersecurity portfolio.

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Booz Allen Hamilton (NYSE: BAH) announced the appointment of Dr. James F. Reilly II as an executive advisor. Reilly, a retired NASA astronaut and former USGS Director, brings extensive experience in space and technical leadership. He will collaborate with government and commercial partners to innovate space-related solutions. Reilly previously managed a $1.8 billion budget at USGS, emphasizing modernization through AI and machine learning. His unique qualifications are expected to enhance Booz Allen's capabilities in the evolving space market.

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Booz Allen Hamilton Holding Corporation (NYSE: BAH) will host its 2021 Investor Day on October 5 from 9 a.m. to 12 p.m. in New York City. Key executives, including CEO Horacio Rozanski and CFO Lloyd Howell, will discuss the firm’s growth strategy and financial outlook. The event is open to the public via the Booz Allen investor relations website, with a replay available post-event. Participants attending in person must provide proof of vaccination.

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Booz Allen Hamilton (NYSE: BAH) has secured a five-year IDIQ contract valued at up to $350 million from the National Institutes of Health’s National Cancer Institute. The initial task order is $29.9 million aimed at enhancing clinical trial reporting and facilitating data capture in cancer research. Booz Allen's role includes software development and operational support to ensure accurate information on cancer-related clinical trials and assist in the rapid deployment of COVID-19 vaccines.

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Booz Allen Hamilton Holding Corporation (NYSE: BAH) will host a conference call on October 29, 2021, at 8 a.m. EDT to discuss the financial results for the second quarter of fiscal 2022, ending September 30, 2021. A news release with the financial results will precede the call. Analysts and institutional investors can participate by calling (877) 375-9141. The call will also be webcast via the Booz Allen investor relations website, with a replay available starting at 11 a.m. EDT on the same day for 30 days.

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Booz Allen Hamilton (NYSE:BAH) has successfully acquired Tracepoint, a leading company in digital forensics and incident response (DFIR), enhancing its cybersecurity offerings. This acquisition follows an initial investment made in January 2021 and is part of Booz Allen's strategy to expand in critical technology areas. Tracepoint, co-founded in December 2019, adds substantial expertise and client relationships to Booz Allen's commercial cyber portfolio. The integration is planned for early 2022, aiming to strengthen incident response and managed services capabilities amidst rising global cybersecurity threats.

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Booz Allen Hamilton (NYSE: BAH) has appointed Frank Calvelli, former Principal Deputy Director of the National Reconnaissance Office, as a senior vice president in its national security division. Calvelli will leverage his extensive experience to enhance Booz Allen’s space portfolio and drive transformation across intelligence and space sectors. His 34-year government career includes significant contributions to satellite programs, operational success, and strategic integration. Calvelli’s leadership is expected to elevate Booz Allen’s capabilities in delivering advanced technology solutions.

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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%
Consulting Services
Services-management Consulting Services
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