Latest news with #BoozAllenHamilton
New York Times
4 days ago
- Sport
- New York Times
Interim NFLPA executive director David White to players: Rebuilding ‘damaged trust' a top priority
In his first communication with NFL players since his appointment as interim director of the NFL Players Association, David White expressed gratitude for the opportunity to help provide stability to the players union. The former SAG-AFTRA union leader also attempted to convey an understanding of the responsibilities he has inherited, and the heavy lifting ahead as he and NFLPA leaders work to help the union regain its footing. Advertisement The NFLPA board of representatives elected White as the interim executive director late Sunday night, following a three-week process that began after Lloyd Howell Jr. resigned amid a firestorm of controversy over potential conflicts of interest, mismanagement, and the improper use of NFLPA funds. White, who served as national executive director and lead negotiator of the Screen Actors Guild from 2009 to 2021, was a finalist for the NFLPA job in 2023, but lost out to Howell, who appealed to players because of his business acumen as a former chief financial officer of Booz Allen Hamilton. NFLPA leaders vowed to take their time in selecting the interim director and eventually settled on White, passing over several popular in-house options. In his letter to players, of which The Athletic obtained a copy, White said, 'I want to thank you for entrusting me with helping to guide and lead your union during this critical time. I'll be visiting you in person throughout the season and look forward to hearing directly from you.' He went on to express his understanding of the magnitude of the position because of his experience with previous high-profile labor unions and his knowledge of the NFLPA and pro football. 'This union's mission is simple: to protect and empower you. To do that effectively, we must be united with clear priorities, transparent communication and consistent actions that demonstrate our understanding of what you need and want,' White wrote. He went on to lay out the most immediate priorities that he feels compelled to address, most notably restoring player confidence in the union, addressing time-sensitive challenges and laying the groundwork for a successful transition to a permanent union leader. White wrote, 'Recent events have damaged trust between many of you and this organization. That trust isn't something we're entitled to — it's something we must earn through consistent action. You deserve a union that operates professionally, communicates clearly and makes decisions that put your interests first. Rebuilding that confidence is my top priority, and it will be measured not by what we say, but by how we perform.' Interim NFLPA executive director David White sent this letter out to the player body today. He seems to understand the heavy lifting ahead as the player union aims to regain stability. — Mike Jones (@ByMikeJones) August 6, 2025 White expressed his intention to meet with the player bodies of each team to gain a better understanding of the top concerns and priorities in their minds. (It's customary that the executive director spends the first part of the preseason and regular season touring the league for face-to-face meetings with the locker rooms of each team.) Advertisement 'The challenges facing professional football players today require the same strategic thinking and collective wisdom that built this union's past successes,' he wrote. 'Meeting those challenges effectively is the work we begin now.' It's unclear what timeline the NFLPA executive committee plans to operate under while searching for a long-term solution at executive director. However, it's believed that they could wait until after the conclusion of the season to hold an election for the permanent position. In other NFLPA-related news, the union on Wednesday also sent a message to players in an attempt to provide clarity regarding the NFL-issued memo announcing a new measure that will prohibit teams from providing players with ammonia products such as smelling salts. The NFLPA message read, 'The NFL Players Association is aware of the memo issued by the league Tuesday regarding the use of smelling salts and ammonia capsules. We were not notified of this club policy change before the memo was sent out. To clarify, this policy does not prohibit player use of these substances, but rather it restricts clubs from providing or supplying them in any form. The NFL has confirmed this to us. If you have any questions, please reach out to your player director.' Spot the pattern. Connect the terms Find the hidden link between sports terms Play today's puzzle
Bloomberg
5 days ago
- Business
- Bloomberg
Companies Tout More Investments, Orders From Trump's Tax Bill in Earnings Calls
By and Rachel Phua Save Companies are praising President Donald Trump's new tax law as a boost to spending power. The One Big Beautiful Bill Act — also known as OBBB — will help free up cash due to provisions that allow companies ranging from health-care giant Johnson & Johnson to technology consultant Booz Allen Hamilton Holding Corp. to immediately expense domestic capital costs.
Yahoo
7 days ago
- Business
- Yahoo
Jacobs Solutions Earnings: What To Look For From J
Global professional services company Jacobs Solutions (NYSE:J) will be announcing earnings results this Tuesday before the bell. Here's what investors should know. Jacobs Solutions missed analysts' revenue expectations by 3.5% last quarter, reporting revenues of $2.91 billion, up 2.2% year on year. It was a slower quarter for the company, with backlog in line with analysts' estimates. Is Jacobs Solutions a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Jacobs Solutions's revenue to grow 6.2% year on year to $3.06 billion, improving from the 3.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.54 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Jacobs Solutions's peers in the professional services segment, some have already reported their Q2 results, giving us a hint as to what we can expect. ICF International's revenues decreased 7% year on year, missing analysts' expectations by 1%, and Booz Allen Hamilton reported flat revenue, falling short of estimates by 0.6%. ICF International traded up 5.1% following the results while Booz Allen Hamilton was down 6.8%. Read our full analysis of ICF International's results here and Booz Allen Hamilton's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the professional services stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.4% on average over the last month. Jacobs Solutions is up 5.1% during the same time and is heading into earnings with an average analyst price target of $148.51 (compared to the current share price of $139.08). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Globe and Mail
28-07-2025
- Business
- Globe and Mail
Booz Allen Automates Malware Analysis With Vellox Reverser
Booz Allen Hamilton (NYSE: BAH) today announced Vellox Reverser™, an AI-enabled cloud product that protects organizations from malware as cyberattacks grow increasingly insidious. The service uses a network of peer-to-peer nodes that collaboratively deconstruct complex malware binaries and produce actionable defensive recommendations in minutes instead of days or weeks. Advanced persistent threats and malicious actors increasingly use AI and other sophisticated tools to create tailored malware variants that evade detection. When static and dynamic analysis falls short, teams traditionally turn to manual reverse engineering, which requires highly specialized skills and is a time-consuming process that limits scalability and response times. The Vellox Reverser product uses AI agents and patented algorithms developed over decades of cyber defense tradecraft with U.S. government agencies. It builds swarm intelligence to automate deep analysis and provide malware defense at speed and scale. 'Booz Allen has decades of cyber tradecraft from our work protecting the most sensitive branches of the U.S. government, and we've encoded that expertise into Vellox Reverser,' said Mujtaba Hamid, executive vice president of product at Booz Allen. 'We are bringing advanced, mission-grade technology in a commercial-grade product offering that improves security and reduces costs. This reflects Booz Allen's commitment to advanced technology innovation as the leading provider of AI and cybersecurity to the federal government.' Vellox Reverser is a cloud-native product built on Amazon Web Services (AWS), which is architected to be the most secure cloud environment. It allows cybersecurity teams in both the public and private sectors to analyze and defend against complex malware. 'We support hundreds of incident response cases each year across a diverse set of organizations, including many within the Fortune 100. Vellox Reverser enhances our ability to move quickly by using AI agents that unpack and analyze malware with the precision of a seasoned reverse engineer,' said Andrew Turner, executive vice president and head of Booz Allen's global commercial business. 'When every minute counts, Vellox Reverser helps our clients reduce risk, limit disruption, and respond with confidence.' Starting today, users are invited to register for a public preview of the Vellox Reverser product at Black Hat USA . During this preview phase, participants will have the opportunity to explore Vellox Reverser's innovative capabilities and provide valuable feedback. Registration is limited, so interested users are encouraged to sign up for a demo at Black Hat . The general availability of Vellox Reverser is planned for fall 2025. About Booz Allen Hamilton Booz Allen is an advanced technology company delivering outcomes with speed for America's most critical defense, civil, and national security priorities. We build technology solutions using AI, cyber, and other cutting-edge technologies to advance and protect the nation and its citizens. By focusing on outcomes, we enable our people, clients, and their missions to succeed—accelerating the nation to realize our purpose: Empower People to Change the World ® . With global headquarters in McLean, Virginia, our company employs approximately 33,400 people globally as of June 30, 2025, and had revenue of $12.0 billion for the 12 months ended March 31, 2025. To learn more, visit . (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, 2025, which can be found at the SEC's website at . 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-CO View source version on
Yahoo
26-07-2025
- Business
- Yahoo
Booz Allen Hamilton Holding Corp (BAH) Q1 2026 Earnings Call Highlights: Strong Net Income ...
Gross Revenue: $2.9 billion, down roughly 1% year-over-year. Revenue Excluding Billable Expenses: Grew 2% year-over-year. Defense Revenue: Up 7% compared to the prior year period. Intel Revenue: Up 6% compared to the prior year period. Civil Business Revenue: Down 13% year-over-year. Book-to-Bill Ratio: 1.42 times for the quarter. Total Backlog: $38 billion, up 11% year-over-year. Adjusted EBITDA: $311 million, up 3% from the prior year period. Adjusted EBITDA Margin: 10.6%, up 30 basis points year-over-year. Net Income: $271 million, a 64% increase year-over-year. Adjusted Net Income: $184 million, up 2% versus the prior year. Diluted Earnings Per Share: $2.16, up 70% year-over-year. Adjusted Diluted Earnings Per Share: $1.48, up 7% year-over-year. Cash on Hand: $711 million. Net Debt: $3.3 billion. Net Leverage Ratio: 2.5 times adjusted EBITDA for the trailing 12 months. Free Cash Flow: $96 million. Share Repurchases: $154 million at an average price of $109.42 per share. Quarterly Dividend: $0.55 per share. Fiscal Year Free Cash Flow Outlook: Between $900 million and $1 billion. Warning! GuruFocus has detected 6 Warning Sign with FRA:0PN. Release Date: July 25, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Booz Allen Hamilton Holding Corp (NYSE:BAH) achieved a strong quarterly book-to-bill ratio of 1.42 times, with a record backlog of $38 billion, indicating robust demand for their services. The company is focusing on strategic growth areas such as AI, cyber, and quantum technologies, which align with national priorities and offer significant long-term opportunities. Booz Allen Hamilton Holding Corp (NYSE:BAH) is actively restructuring and optimizing its civil business to align with current demand, positioning itself for future growth. The company has successfully deployed advanced technologies like the modular detachment kit and tactical assault kit, enhancing its defense capabilities and supporting warfighters. Booz Allen Hamilton Holding Corp (NYSE:BAH) is leveraging AI and automation to improve internal efficiencies and accelerate its transformation, which is expected to enhance shareholder value. Negative Points The company is experiencing a slowdown in funding, which is affecting the conversion of bookings to revenue and creating uncertainty in the short term. Revenue in the civil business declined by 13% year-over-year, reflecting challenges in this segment despite efforts to restructure and optimize. There is a noted decrease in funded backlog, indicating potential delays in contract execution and funding allocation. Headcount reductions were necessary in the civil business, highlighting the need to adapt to changing demand and optimize workforce alignment. The procurement environment remains slower than historical norms, impacting the speed at which new contracts are being finalized and executed. Q & A Highlights Q: Is there now a greater appreciation for Booz Allen's tech capabilities, and has the procurement environment improved? A: Horacio Rozanski, CEO, noted that the business has stabilized in a dynamic environment, with contracts being reviewed and tech holding out well. The procurement environment has improved but is still below historical speeds. Booz Allen is recognized for making tech work under extreme conditions, and there is optimism for future opportunities. Q: What is the interest from Silicon Valley tech providers in partnering with Booz Allen, and what are the implications of outcome-based contracts? A: Rozanski highlighted that Booz Allen has long partnered with commercial tech companies, including NVIDIA and AWS. These companies see Booz Allen as a key partner for making tech work in mission-critical environments. Outcome-based contracts are seen as positive trends for Booz Allen. Q: Can you comment on the funded backlog trend and its implications? A: Matthew Calderone, CFO, explained that while there is a decline in funded backlog due to slow funding, there is confidence in medium-term opportunities. The backlog is expected to increase as funding normalizes, driven by significant technology investments. Q: How is Booz Allen addressing headcount challenges and hiring for technical roles? A: Kristine Anderson, COO, stated that Booz Allen is comfortable with hiring, matching it to demand. The company is using advanced technology and AI to drive productivity and is confident in its ability to meet hiring needs, especially for technical roles. Q: What role could Booz Allen play in the Golden Dome initiative, and how quickly could this play out? A: Rozanski mentioned that Booz Allen is closely involved with Golden Dome, funded by the reconciliation package. The company can play various roles, including cyber and intel, and is participating in the procurement process as it ramps up. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
