Booz Allen Hamilton Holding Corporation reports developments tied to its role as an advanced technology company serving defense, civil, national security and selected commercial markets. Its updates commonly cover artificial intelligence, cybersecurity, command-and-control, missile defense, space, autonomy and other technology solutions built for federal missions and warfighter support.
Recurring news themes include government awards and prototype work, defense technology product delivery, strategic investments through Booz Allen Ventures, and additions to autonomy, unmanned systems, maritime robotics and space-technology capabilities. Company announcements also cover quarterly results, leadership appointments and capital-allocation activity connected to its technology and mission-focused operating model.
Booz Allen Hamilton Holding Corporation (NYSE: BAH) will host a conference call on July 29, 2022, at 8 a.m. EDT to discuss its First Quarter of Fiscal 2023 financial results, which end on June 30, 2022. A news release detailing these results will be issued prior to the call. Interested participants can register online at investors.boozallen.com. A replay will be available on the website beginning at 11 a.m. EDT on the same day for 30 days.
Booz Allen Hamilton (NYSE: BAH) has been awarded the NASA Cybersecurity and Privacy Enterprise Solutions and Services (CyPrESS) contract with a total potential value of $622.5 million. The hybrid IDIQ contract will centralize cybersecurity efforts across NASA, supporting all centers from May 31, 2022 to September 30, 2023, with options extending to September 2030. Booz Allen will enhance NASA's cybersecurity posture by implementing standards, management, and engineering for both IT and operational technology systems.
Booz Allen Hamilton (NYSE: BAH) has appointed Kristine Martin Anderson as the new Chief Operating Officer, effective June 1, 2022. Previously the firm's President of the Civil Sector, Anderson will focus on enhancing operational performance and transforming the business model. The leadership transition also includes Rich Crowe, who will take over as President of the Civil Sector. With over 16 years at Booz Allen, Anderson has a strong track record of implementing technology-driven solutions and driving growth.
Booz Allen Hamilton Holding Corporation (NYSE: BAH) announced preliminary results for Q4 and fiscal year 2022, reporting a revenue of $8.4 billion for the year ending March 31, 2022. The firm, which employs nearly 29,500 globally, will hold a conference call at 8 a.m. EDT on May 20, 2022, to discuss these financial results. Participants can join the call via phone or through a public webcast. The earnings presentation will be available on the company's investor relations website.
Booz Allen Hamilton (NYSE: BAH) announced the maintenance of its Capability Maturity Model Integration (CMMI) Maturity Level (ML) 5 ratings for both Services and Development. Holding ML5 is a significant achievement, placing Booz Allen among a limited number of Fortune 500 companies with this recognition. The ML5 status indicates their capability in managing large-scale projects efficiently, ensuring timely delivery and quality results. This achievement underscores Booz Allen's commitment to continuous improvement and high-quality solutions for its clients, enhancing its competitive market position.
Booz Allen Hamilton (NYSE: BAH) announced a strategic investment in Reveal Technology, Inc., enhancing its edge analytics capabilities. Reveal's Farsight software provides special operators with actionable intelligence in high-risk environments without the need for network connectivity. This technology integrates into Booz Allen's Digital Battlespace platform, accelerating tactical decision-making. The investment reflects Booz Allen’s commitment to dual-use technologies in defense and public sector missions, with potential applications in natural disaster response and public safety.
Booz Allen Hamilton Holding Corporation (NYSE: BAH) will host a conference call on May 20, 2022, at 8 a.m. EDT to discuss its financial results for the Fourth Quarter and Full Year of Fiscal 2022, ending March 31, 2022. A news release with these results will precede the call. Participants can join by dialing (877) 375-9141 or +1 (253) 237-1151 internationally, using passcode 1866956. A replay will be available starting at 11 a.m. EDT on the same day for 30 days.
On April 5, 2022, Oliver Wyman announced its agreement to acquire Booz Allen Hamilton's management consulting business focused on the MENA region. This strategic acquisition aims to enhance Oliver Wyman's capabilities in the Middle East and globally, integrating Booz Allen's extensive experience across sectors such as Energy, Climate, and Cybersecurity. The move is expected to bolster Oliver Wyman's growth trajectory and deepen its commitment to client service, with the transaction anticipated to close in 2022, pending regulatory approvals.
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.