Cybersecurity to Account for a Quarter of Total Revenue
- Booz Allen Hamilton projects cybersecurity revenue between $2.5B and $2.8B by 2025
- Cybersecurity will account for almost a quarter of the company’s total revenue in 2025
- Over 8,000 cyber professionals working on U.S. government contracts and commercial enterprises
- Focus on maintaining U.S. strategic advantage in cyber domain
- Addressing trends driving client cyber missions
- Targeted revenue growth of 8-11% for fiscal year
Booz Allen Hamilton, a Virginia-based company with over 8,000 cyber professionals working on U.S. government contracts and commercial enterprises, projects its cybersecurity revenue will reach between $2.5 billion and $2.8 billion by 2025, accounting for nearly a quarter of their total revenue that year. The company is positioned to address trends driving client cyber missions, such as maintaining the U.S.’s strategic advantage in the cyber domain and securing the physical world. In July, Booz Allen confirmed a targeted revenue growth of 8-11% for the fiscal year.
Factuality Level: 10
Factuality Justification: The article provides accurate information about Booz Allen Hamilton’s cybersecurity revenue projections and its focus on addressing future trends in the industry. It also includes relevant financial data such as revenue growth targets and actual revenue figures.
Noise Level: 3
Noise Justification: The article provides relevant information about Booz Allen Hamilton’s cybersecurity revenue projections and its focus on addressing future trends in the industry. It also mentions the company’s growth target for the fiscal year. However, it lacks a deeper analysis or exploration of the consequences of these developments and does not offer actionable insights or new knowledge.
Public Companies: Booz Allen Hamilton (BAH)
Key People:
Financial Relevance: Yes
Financial Markets Impacted: Booz Allen Hamilton’s stock price and competitors in the cybersecurity industry
Financial Rating Justification: The article discusses Booz Allen Hamilton’s financial projections for its cybersecurity revenue, which is a significant portion of their total revenue, as well as their growth target. This information can impact investors and other companies in the same industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event is mentioned in the text and it’s not the main topic.
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Large
Affected Instruments: Stocks
www.marketwatch.com 
