Shares of Booz Allen Hamilton Holding Corp. fell sharply in premarket trading Friday after the consulting firm and government contractor issued a soft fiscal 2026 outlook and announced layoffs amid ...

That works out to about 2,500 employees. Noting that there has been a “slowdown in the civil procurement and spending environment” recently in the federal government, Rozanski said that five of Booz ...

Booz Allen (NYSE:BAH) stock took a hit today, plummeting 16.5% after the company announced a weaker-than-expected fiscal 2026 outlook and plans to ...

Booz Allen Hamilton said Friday it is planning to cut 2,500 jobs as the Trump administration seeks to reduce government spending levels by discontinuing federal contracts. The federal shift is ...

The impact could be good or bad in the near term, but over time, the growth trajectories of these businesses will be sustained. Booz Allen, thanks to its large share of classified defense and ...

WASHINGTON—When the Trump administration recently ordered big consulting firms to offer price concessions on the billions of dollars in projects they do for the federal government, Booz Allen ...

CFO Matt Calderone said Booz Allen expects to cut approximately 7% of its 35,800-person workforceroughly 2,500 jobsmostly in the civil division. Despite the restructuring, the firm said its defense ...