Booz Allen Hamilton's Impressive Growth: 2,700 Jobs Added, Quadrupled Profits
Booz Allen Hamilton, a government consultant based in McLean, Virginia, saw its quarterly profits quadruple from a year ago, with a fiscal third quarter net income of $146.6 million and revenue of almost $2.6 billion. The company added 2,700 jobs in 2023, ending the year with almost 34,000 employees globally, and raised its revenue forecast for 2024 to as much as 15%, with a backlog of $34.3 billion in contracted work.