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The Latest Breaking News from Booz Allen

Hegseth Cancels Defense Contracts. IT Government Contractors Sell Off.

Shares in IT government contractors Booz Allen, Gartner tumbled after Secretary of Defense Pete Hegseth said the Pentagon was canceling $580 million in contracts.

Investors Business Daily

2 ‘DOGE’ Stocks to Buy ASAP as Elon Musk Grabs Control of Washington

2 ‘DOGE’ Stocks to Buy ASAP as Elon Musk Grabs Control of Washington

Bank of America has picked these two names from the defense sector that are expected to benefit from Musk’s cost-cutting measures.

Subcontractor Terminated Over Treasury Department Threat Assessment Warning

Subcontractor Terminated Over Treasury Department Threat Assessment Warning

Booz Allen Hamilton terminates subcontractor over Treasury Department threat assessment draft report.

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Palantir, Booz Allen Partner To Accelerate U.S. National Defense

Palantir announced a partnership with Booz Allen Hamilton, a competitor in some government and defense services.

Investors Business Daily

Booz Allen Hamilton CEO: America needs a whole-of-nation approach in its great power competition with China

U.S. businesses must come off the sidelines, writes Booz Allen Hamilton CEO Horacio Rozanski.

Booz Allen Hamilton, Government AI Agent, Tops Earnings Forecasts; BAH Jumps

Booz Allen Hamilton, spearheading military modernization and other government AI efforts, comfortably beat earnings forecasts on Friday. BAH stock is in a buy zone.

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1 Standout Cybersecurity Stock for Dividend Investors

Amid the burgeoning cybersecurity market, here's one IT security company for investors seeking reliable passive income.

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‘Doing the right thing’ earned this ex-Marine mom of three $40 million

‘Doing the right thing’ earned this ex-Marine mom of three $40 million

Sarah Feinberg, an Iraq military veteran, alleges Booz Allen Hamilton used government funds to pay for loss-making projects.

Booz Allen is closing its tech talent gap with raises and bonuses

Booz Allen is closing its tech talent gap with raises and bonuses

Booz Allen offers employees bonuses and raises to encourage upskilling and fill the stubborn tech talent gap.

Defense Sector Reports Q3 Amid Ukraine-Fed Build-Out

Defense Sector Reports Q3 Amid Ukraine-Fed Build-Out

Raytheon leads defense quarterly earnings with General Dynamics, Northrop Grumman, L3Harris and Booz Allen Hamilton all reporting this week.

Investors Business Daily

IBD 50 Stock To Watch: Defense IT Stock In A Base, Nears New High

IBD 50 Stock To Watch: Defense IT Stock In A Base, Nears New High

Booz Allen Hamilton is ranked first in the consulting industry group. Management reiterated its 5%-9% revenue growth guidance for fiscal 2023.

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Here's Why Cowen Reduced Booz Allen Hamilton Price Target

Here's Why Cowen Reduced Booz Allen Hamilton Price Target

Booz Allen Hamilton Holding Corp's (NYSE:BAH) price target has been lowered to $103 (an upside of 26%) from $109 by Cowen analyst Cai von Rumohr. The analyst maintained the Outperform ratings on the shares. Rumohr believes BAH is a pure-play defense IT leader positioned for the sector's fastest organic growth in 2023. Also Read: Booz Allen…

Booz Allen Secures First-Ever NASA CyPrESS Contract

Booz Allen Secures First-Ever NASA CyPrESS Contract

Booz Allen Hamilton Holding Corporation (NYSE:BAH) has secured the National Aeronautics and Space Administration (NASA) Cybersecurity and Privacy Enterprise Solutions and Services (CyPrESS) contract. It is a hybrid IDIQ single-award contract with a total potential value of $622.5 million to provide a complete range of cybersecurity and privacy enterprise solutions and services…

Booz Allen Agrees To Acquire EverWatch For Undisclosed Sum

Booz Allen Agrees To Acquire EverWatch For Undisclosed Sum

Booz Allen Hamilton Holding Corp (NYSE:BAH) has agreed to acquire EverWatch, a provider of advanced solutions to the defense and intelligence communities. Deal terms were not disclosed. Reston, Virginia-based EverWatch, a portfolio company of Enlightenment Capital, builds and operates mission-critical classified platforms to defend against increasingly sophisticated national cyber threats. Following the…

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Raymond James Upgrades Booz Allen Hamilton To Outperform, Sees 19% Upside

Raymond James analyst Brian Gesuale upgraded Booz Allen Hamilton Holding Corp (NYSE:BAH) to Outperform from Market Perform with a price target of $90, implying an upside of 19%. Gesuale says this is the most appealing time to own the group since the Trump administration was in office and sees increasing geopolitical instability, multiple stability,…

Barclays Bumps Up Booz Allen Hamilton Price Target By 16%

Barclays analyst Colin Canfield upgraded Booz Allen Hamilton Holding Corp (NYSE:BAH) to Overweight from Equal Weight and raised the price target to $105 (an upside of 23%), from $90. The analyst views government services as "attractive thanks to a combination of valuation, earnings growth and capital deployment flexibility." He assigns a premium to Booz Allen…

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