Booz Allen Hamilton Hldg Corp Stock Price, News & Analysis

Booz Allen Hamilton (NYSE: BAH) has made a strategic investment in Synthetaic, an AI company specializing in image analysis and data labeling. This partnership aims to enhance AI model training, reducing time and cost in critical sectors such as national security, healthcare, and climate science. Synthetaic's technology, RAIC, allows users to build AI models in minutes, significantly accelerating deployment. Booz Allen's investment aligns with its commitment to advancing dual-use technologies for public sector missions, ensuring faster access to innovative solutions for government agencies.

Booz Allen Hamilton (NYSE: BAH) has signed a definitive agreement to acquire EverWatch, a provider of advanced solutions for defense and intelligence agencies. This acquisition aims to enhance Booz Allen’s cyber, software development, and analytics capabilities, accelerating growth in national security aligned with its VoLT strategy. EverWatch will operate as a wholly owned subsidiary, contributing specialized capabilities that support faster digital and cyber transformation for clients in the intelligence community.

Booz Allen Hamilton (NYSE: BAH) has reappointed Raynor Dahlquist as senior vice president to spearhead the firm’s national cyber strategy. With over 20 years of experience, Dahlquist will lead cyber operations supporting defense and intelligence communities. She previously directed public sector capture management at Palo Alto Networks and has a history of cyber leadership at Booz Allen. The firm emphasizes an interdisciplinary approach to tackle evolving cybersecurity challenges and enhance U.S. national cyber capabilities.

Booz Allen Hamilton Holding Corporation (NYSE: BAH) announced its preliminary results for Q3 fiscal 2022. The company, a prominent management and technology consulting firm, emphasizes its commitment to solving complex challenges for military, government, and business sectors. As of December 31, 2021, Booz Allen employed approximately 29,500 people, generating revenue of $7.9 billion for the fiscal year ending March 31, 2021. A conference call is scheduled for January 28, 2022, to discuss these financial results in detail.

Booz Allen Hamilton (NYSE: BAH) will host a conference call at 8 a.m. EST on January 28, 2022, to discuss financial results for the Third Quarter of Fiscal 2022 ending December 31, 2021. Analysts can join via dial-in or the public can access a live webcast via the investor relations website. A replay will be available from 11 a.m. EST on the same day for 30 days. Booz Allen Hamilton, based in McLean, Virginia, employs approximately 29,200 people and reported a revenue of $7.9 billion for the year ending March 31, 2021.

Booz Allen Hamilton (NYSE: BAH) has opened a new office in Honolulu, Hawaii, enhancing its regional presence to meet increasing demand for its services. The office, located at First Hawaiian Center, accommodates 250 employees and features an AI and innovation center. This expansion follows nearly 10% growth over the past year, reflecting the firm’s commitment to regional defense and mission support. The facility aligns with sustainability goals and emphasizes Booz Allen's role in serving clients like INDOPACOM and the Department of Defense in the Indo-Pacific region.

Booz Allen Hamilton (NYSE: BAH) has successfully spun out its commercial AI platform, Modzy, into a new entity, Modzy, Inc.. This standalone company focuses on accelerating the deployment of production-ready AI, assisting developers in integrating AI into enterprise systems, and monitoring AI performance. Booz Allen retains a minority stake in Modzy. This spinout follows a similar transaction with SnapAttack, reflecting Booz Allen's commitment to innovation in tech solutions. Modzy aims to expand its customer base and partner ecosystem while solving integration challenges in AI.

Booz Allen Hamilton (NYSE: BAH) has launched a new 5G lab in Annapolis Junction, Maryland, aimed at enhancing mission-critical client work through 5G integration. The facility features a secure test environment with a 5G standalone carrier-grade network, supporting advanced research in cybersecurity, AI, and IoT applications. This initiative forms part of a $1.7 billion, 5-year Congressional directive to boost DoD's 5G capabilities. Additionally, Booz Allen has secured a $600 million contract to support 5G testing at five military sites, focusing on dual-use applications for the Air Force and military training.

Booz Allen Hamilton (NYSE: BAH) has partnered with the U.S. Air Force to commercialize Platform One's Big Bang product and Iron Bank container hardening services. This collaboration aims to enhance secure mission capabilities and accelerate software modernization for the Department of Defense, federal government, and commercial organizations. The partnership allows rapid deployment of customizable software solutions, reducing project costs and risks. The initiative also includes onboarding commercial software to Iron Bank, fostering rapid software development with inherent security and resiliency.