ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

BAH Booz Allen Hamilton Holding Corporation

158.00
5.64 (3.70%)
25 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Booz Allen Hamilton Holding Corporation NYSE:BAH NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  5.64 3.70% 158.00 164.43 156.491 160.59 1,464,721 01:00:00

Booz Allen Named Prime Contractor for Developing 5G Network in IndoPacific

11/01/2024 1:00pm

Business Wire


Booz Allen Hamilton (NYSE:BAH)
Historical Stock Chart


From Nov 2023 to May 2024

Click Here for more Booz Allen Hamilton Charts.

Serving U.S. Navy in Guam as Key Technology Integrator for Next-Gen Network Solutions

Booz Allen Hamilton (NYSE: BAH) today announced that it was awarded a two-year, $10 million contract from the U.S. Navy to design, implement, test, and operate a private 5G cellular network and asset tracking solution in Guam.

This contract win marks Booz Allen’s first 5G full-scale implementation in the Indo-Pacific region and will enable the Navy and the Department of Defense (DOD) to maximize mission success in the region by providing the technology that improves communication, logistics, maintenance, and secure operations. The development of this 5G network will further enable the United States, its partners, and allies to compete responsibly and defend our interest in the region to build a common vision for the future.

“This project win further solidifies our position as a key 5G innovator and integrator,” said Chris Christou, senior vice president at Booz Allen and leader of the firm’s 5G, cloud, and edge portfolio. “Booz Allen’s experience delivering 5G solutions to the Navy uniquely positions the firm to bring new, innovative solutions to the complex challenges facing the Indo-Pacific region. Geographically dispersed landscapes like the Indo-Pacific require next-generation network solutions capable of achieving all domain command and control. We are confident in our solutions’ ability to overcome the obstacles that distributed, edge-like environments like Guam present.”

Designed to service the Pearl Harbor Naval Shipyard & Intermediate Maintenance Facility (PHNSY & IMF) Detachment Naval Base Guam (NBG), the private 5G network will support mobile and fixed wireless access, with an architecture capable of extending to future use cases. Booz Allen will lead this contract as the prime technology innovator and integrator, working alongside partners across the 5G, telecom, IoT, and smart warehousing industries.

The technical approach for this project will integrate lessons learned from each of the team’s ongoing DOD 5G projects to ensure maximum efficiency as well as apply zero trust design principles to secure NBG’s 5G infrastructure. For example, Booz Allen will leverage robust RFID asset tagging on equipment and inventory to better enhance and modernize Navy logistics capabilities.

The Indo-Pacific region is on the frontline of the biggest pivot of defense priorities in two decades—with focus in the region on synchronous intelligence gathering; integration of the nation’s key partners and allies in the region; and coordinated command and control to ensure decision advantage. With more than 400 employees positioned in the Indo-Pacific region (including Guam, Japan and Korea), Booz Allen has been investing in regional resources for decades, hiring and cultivating top tier talent and technology solutions in AI, systems delivery, cyber, and now 5G, to meet the rising technical escalation of adversaries in the region.

“Booz Allen is excited to be chosen as a strategic partner and solution provider to help design, implement, test, and operate a private 5G network at the Naval Base Guam. The deployment of secure 5G capabilities in Guam is critical to national security and aligns with the Navy’s 5G strategy,” said Jandria Alexander, vice president at Booz Allen and business leader for cybersecurity and cross-market technology innovation. “Through the successful implementation of this effort, Guam Naval Base will be establishing a strong foundation that accelerates transformation efforts in telecommunications, asset tracking, and future initiatives and use cases.”

Read more about Booz Allen’s 5G expertise and efforts in the Indo-Pacific region.

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 more than 100 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 33,100 people globally as of September 30, 2023 and had revenue of $9.3 billion for the 12 months ended March 31, 2023. To learn more, visit www.boozallen.com. (NYSE: BAH)

Forward Looking Statements

Certain statements contained in this presentation and in related comments by our management 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, 2023, 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-CW – Contract win

Media Relations: Amanda Allison-Martini, Allison_Amanda@bah.com Investor Relations: Nathan P. Rutledge, Rutledge_Nathan@bah.com

1 Year Booz Allen Hamilton Chart

1 Year Booz Allen Hamilton Chart

1 Month Booz Allen Hamilton Chart

1 Month Booz Allen Hamilton Chart

Your Recent History

Delayed Upgrade Clock