One Battlespace approach drives solutions at speed and scale
Booz Allen Hamilton (NYSE: BAH) announced today new insights
into the size and scope of its cyber business, highlighting its
essential role as the leading cyber security provider for the U.S.
government.
Building on more than 30 years of technology, tradecraft, and
adversarial insights, Booz Allen’s broad and deep cyber portfolio
puts the company at the center of nearly all major cyber missions
across public and private sectors. Today, the company has more than
8,000 cyber professionals supporting both offensive and defensive
U.S. government missions as well as a range of commercial
enterprises. It has nearly 300 active cyber projects ranging from
small, innovative task orders at the leading edge of quantum to
marquee billion-dollar contracts.
In Deltek’s comprehensive Federal Cybersecurity Market,
2023-2027 report, Booz Allen led in cyber-related prime contract
obligations from the federal government in Fiscal Years 2020 to
2022. In Fiscal Year 2025, Booz Allen expects its total cyber
revenue to reach between $2.5 and $2.8 billion, representing nearly
a quarter of the company’s total projected FY25 revenue.
Aligned with its VoLT strategy (Velocity, Leadership,
Technology), Booz Allen’s cyber business is positioned at the nexus
of technology innovation and missions of national importance. The
company pursues a “One Battlespace” approach, reflecting the nature
of today’s growing cyber threat where adversaries see the cyber
domain as a single, expanding attack surface across defense,
intelligence, civilian, and commercial infrastructures. Booz Allen
takes a holistic view of the threat landscape and emerging tech
solutions to defeat advanced cyber threats across sectors, domains
and missions.
This approach positions the company to address the trends that
are likely to significantly drive clients’ cyber missions in the
near future, including a need to maintain U.S. strategic advantage
in the cyber domain, the transformation of cyber defense through
Zero Trust and AI systems, a need to secure the physical world, and
preparing for a post-quantum world.
“Our adversaries don’t see boundaries, and neither do we,” said
Brad Medairy, executive vice president and leader of Booz Allen’s
national cyber business. “Maintaining a strategic advantage in the
cyber domain requires a unified approach that applies IP and
tradecraft to develop best-in-class solutions that leverage
commercial partnerships and advanced dual-use technologies. We’ve
organized our business to meet the adversary where they are,
enabling us to bring the full scale and expertise of Booz Allen to
the mission—because cyber security is national security.”
A presentation with additional details about Booz Allen’s cyber
business is available at investors.boozallen.com.
Learn more about Booz Allen’s cybersecurity expertise and
capabilities.
About Booz Allen Hamilton
Trusted to transform missions with the power of tomorrow’s
technologies, Booz Allen Hamilton advances the nation’s most
critical civil, defense, and national security priorities. We lead,
invest, and invent where it’s needed most —at the forefront of
complex missions, using innovation to define the future. We combine
our in-depth expertise in AI and cybersecurity with leading-edge
technology and engineering practices to deliver impactful
solutions. Combining 110 years of strategic consulting expertise
with the perspectives of diverse talent, we ensure results by
integrating technology with an enduring focus on our clients. We’re
first to the future—moving missions forward to realize our purpose:
Empower People to Change the World®.
With global headquarters in McLean, Virginia, our firm employs
approximately 35,100 people globally as of June 30, 2024, and had
revenue of $10.7 billion for the 12 months ended March 31, 2024. To
learn more, visit www.boozallen.com. (NYSE: BAH)
Forward-Looking Statements
Certain statements contained in this release include
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Examples of
forward-looking statements include statements that do not directly
relate to any historical or current fact. In some cases, you can
identify forward-looking statements by terminology such as “may,”
“will,” “could,” “should,” “forecasts,” “expects,” “intends,”
“plans,” “anticipates,” “projects,” “outlook,” “believes,”
“estimates,” “predicts,” “potential,” “continue,” “preliminary,” or
the negative of these terms or other comparable terminology.
Although we believe that the expectations reflected in the
forward-looking statements are reasonable, we can give you no
assurance these expectations will prove to have been correct.
These forward-looking statements relate to future events or our
future financial performance and involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
levels of activity, performance or achievements to differ
materially from any future results, levels of activity, performance
or achievements expressed or implied by these forward-looking
statements. A number of important factors could cause actual
results to differ materially from those contained in or implied by
these forward-looking statements, including those factors discussed
in our filings with the Securities and Exchange Commission (SEC),
including our Annual Report on Form 10-K for the fiscal year ended
March 31, 2024, which can be found at the SEC’s website at
www.sec.gov. All forward-looking statements attributable to us or
persons acting on our behalf are expressly qualified in their
entirety by the foregoing cautionary statements. All such
statements speak only as of the date made and, except as required
by law, we undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
BAHPR-GI
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version on businesswire.com: https://www.businesswire.com/news/home/20240924586929/en/
Media Relations: Jessica Klenk, Jessica_Klenk@bah.com Investor
Relations: Investor_Relations@bah.com
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