Booz Allen Hamilton Hldg Corp Stock Price, News & Analysis

The Booz Allen Foundation, TIES, and aiEDU are partnering to enhance AI literacy among STEM educators at the 2023 DC Capital Region AI Education Summit, scheduled for January 26, 2023, in Washington, D.C. Over 100 education leaders will engage in discussions about AI's impact on education, focusing on integrating AI into core subjects. This event aims to empower educators with tools and strategies for adapting to AI advancements, particularly benefiting students from underserved communities. The partnership underscores a commitment to improve STEM opportunities, supported by Booz Allen Hamilton, the largest provider of AI services to the federal government.

Booz Allen Hamilton (NYSE: BAH) has appointed Rory P. Read to its Board of Directors, effective January 18, 2023. Read is currently a Senior Vice President at Ericsson and leads its Global Communications Platform, having extensive experience in technology management, including past roles at Dell and Lenovo. His expertise in digital transformation is expected to provide significant strategic advantages to Booz Allen as it continues to innovate. Chairman Ralph W. Shrader anticipates that Read's insights will benefit the company’s growth and service to clients and stakeholders.

Booz Allen Hamilton Holding Corporation (NYSE: BAH) will host a conference call on January 27, 2023, at 8 a.m. EST to discuss its financial results for the third quarter of fiscal 2023, ending December 31, 2022. A news release will precede the call. Analysts and institutional investors can register online, and the call will also be available via webcast. The firm, which employs around 30,000 people globally, reported $8.4 billion in revenue for the year ending March 31, 2022.

Booz Allen Hamilton (NYSE: BAH) has appointed Stephen Fogarty as a senior executive advisor to enhance its National Cyber capabilities. A retired lieutenant general, Fogarty brings 38 years of experience, most recently as commanding general of the U.S. Army Cyber Command. His leadership will focus on developing threat-informed cyber strategies for government and international partners. With a workforce of 16,500 under his command, Fogarty's expertise aims to solve complex cybersecurity challenges.

Booz Allen Hamilton (NYSE: BAH) has launched The Helix Center for Innovation, a 9,422-square-foot space in Washington, DC, designed to showcase emerging technologies in defense, national security, and climate resilience. This investment aims to enhance client engagement through over 30 interactive simulations and demonstrations. The initiative underscores Booz Allen’s commitment to leveraging AI, 5G, and other technologies to address critical challenges faced by the U.S. government. This development follows other significant investments in innovation, including Booz Allen Ventures.

Booz Allen Hamilton (NYSE: BAH) has achieved the Mansfield Rule Certification after completing the MRLD 2.0 program, demonstrating its commitment to diversity, equity, and inclusion in its legal department. This certification, held by only 41 legal departments this year, signifies that the firm considers diverse candidates—women, LGBTQ+, disabled lawyers, and racial/ethnic minorities—comprising at least 50% of its candidate pool for top roles. Booz Allen aims to enhance its diverse talent pipeline and innovate its business through diverse leadership.

Booz Allen Hamilton (NYSE: BAH) reported preliminary results for Q2 FY2023, highlighting its ongoing commitment to provide innovative solutions in consulting and technology. The company employs around 30,000 individuals worldwide and achieved revenue of $8.4 billion for the fiscal year ending March 31, 2022. A conference call to discuss these results is scheduled for 8 a.m. EDT on October 28, 2022. Investors can access the presentation on their investor relations website for detailed insights.

The Medical Device Innovation Consortium (MDIC) has published its first benchmark report on cybersecurity maturity in the medical device sector, in collaboration with Booz Allen Hamilton (NYSE:BAH). The report serves as a resource for medical device manufacturers (MDMs) and healthcare organizations to enhance cybersecurity measures. Key findings indicate no correlation between annual revenue and cybersecurity maturity, with strengths in organizational structure and weaknesses in cybersecurity design control. MDIC plans to publish this report annually to track industry progress.