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MarketScreener Homepage  >  Equities  >  Nyse  >  Booz Allen Hamilton Holding Corporation    BAH

BOOZ ALLEN HAMILTON HOLDING CORPORATION

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Booz Allen Hamilton : JOINS GOOGLE CLOUD PARTNER ADVANTAGE PROGRAM; Bringing comprehensive cloud services to federal agencies

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02/25/2020 | 11:19am EDT

McLean, Va. - Booz Allen Hamilton (NYSE: BAH) announced today that it has joined the Google Cloud Partner Advantage program to bring Google Cloud's capabilities and infrastructure, combined with Booz Allen's comprehensive services, to federal government clients. This new partnership expands on Booz Allen's existing set of cloud offerings, enabling the firm to now offer federal customers a suite of cloud-enabled capabilities provided by Google Cloud.

The partnership brings together Booz Allen's understanding of the federal certification process and clients' missions with Google Cloud's infrastructure, analytics, and artificial intelligence/machine learning capabilities. With early access to resources and prototypes through the partnership with Google Cloud, along with training opportunities, Booz Allen will have a wider range of capabilities to offer the Federal Government. The firm will also be able to share feedback and insights about implementing Google Cloud services in a complex and sensitive government environment.

'We're excited to partner with Google Cloud to bring the federal government the best technologies to enhance their IT modernization efforts,' said Osama Malik, principal of digital strategy and management at Booz Allen. 'Our focus on enhancing the citizen experience through digital platforms, analytics, and search will continue to expand through joining Google's Cloud Partner Advantage program.'

This new partnership demonstrates that through Booz Allen's past work with Google, the firm has now achieved a high level of expertise and proficiency in Google Cloud capabilities. The firm has already been able to leverage Google Cloud's wide-ranging cloud platform offerings to meet client missions.

For example, Booz Allen's work to modernize Recreation.gov leveraged Google-based chatbots and artificial intelligence to enhance the digital citizen experience. For clients like USPS and others, Booz Allen was able to employ Google Cloud to create analytics solutions. The firm also values the cybersecurity tools that Google Cloud offers and Booz Allen plans to expand its capabilities using these tools in the future.

'We're thrilled to now have Booz Allen as part of our Partner Advantage program,' said Shannon Sullivan, director of federal, Google Cloud. 'Citizens expect more personalized experiences from federal agencies across the web, mobile apps, and over the phone. We're excited to work with Booz Allen to offer solutions that empower agencies to better serve their constituents-and drive true mission success.'

Google Cloud's commitment to open technologies offers new opportunities to federal IT leaders. For instance, its ability to translate large swaths of visual imagery into insight, help with customer experience and knowledge management and their proficiency in analytics and AI makes them a real asset to federal government clients. Through this partnership, Booz Allen and Google Cloud will provide access to tools and services that will help federal agencies advance IT modernization efforts and better meet their missions.

About Booz Allen

For more than 100 years, business, government, and military leaders have turned to Booz Allen Hamilton to solve their most complex problems. As a consulting firm with experts in analytics, digital, engineering and cyber, we help organizations transform. We are a key partner on some of the most innovative programs for governments worldwide and trusted by the most sensitive agencies. We work shoulder to shoulder with clients, using a mission-first approach to choose the right strategy and technology to help them realize their vision. With global headquarters in McLean, Virginia, our firm employs nearly 27,000 people globally, and had revenue of $6.70 billion for the 12 months ended March 31, 2019. To learn more, visit www.boozallen.com. (NYSE: BAH)

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2021 8 067 M - -
Net income 2021 501 M - -
Net Debt 2021 1 644 M - -
P/E ratio 2021 23,2x
Yield 2021 1,53%
Capitalization 11 608 M 11 608 M -
EV / Sales 2021 1,64x
EV / Sales 2022 1,53x
Nbr of Employees 27 400
Free-Float 83,9%
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Number of Analysts 14
Average target price 87,58 $
Last Close Price 84,24 $
Spread / Highest target 12,8%
Spread / Average Target 3,97%
Spread / Lowest Target -5,03%
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NameTitle
Horacio D. Rozanski President, Chief Executive Officer & Director
Ralph W. Shrader Chairman
Lloyd W. Howell Chief Financial Officer, Treasurer & Executive VP
Joseph W. Mahaffee Chief Administrative Officer & Executive VP
Peter J. Clare Independent Director
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