BAH - Booz Allen Hamilton Q3: JADC2 Creates Additional Growth Opportunities; Reiterate 'Buy'
2024-01-30 18:47:22 ET
Summary
- Booz Allen Hamilton delivered strong quarterly results, with 12.9% revenue growth and 21.9% adjusted operating income growth.
- The company raised its full-year outlook for both revenue and earnings, citing superior performance and a growing backlog.
- Booz Allen is well-positioned for growth in the defense IT sector, particularly in areas such as cybersecurity and Joint All-Domain Command and Control.
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Booz Allen Hamilton Q3: JADC2 Creates Additional Growth Opportunities; Reiterate 'Buy'