Booz Allen Hamilton Holding Corporation Class A Aktie News

Booz Allen Hamilton Holding Corporation faced a negative market reaction after the Treasury ended IRS contracts due to a data breach, highlighting increased scrutiny and lower risk tolerance in federal procurement. Gross revenue declined 10% year-over-year to $2.6 billion, with a $50 million revenue and $20 million profit impact expected for the fiscal year, mainly from timing issues and the go...

The U.S. Treasury Department has cut its contracts with Booz Allen Hamilton, after a former contractor who worked for the firm was charged and subsequently imprisoned for leaking tax information to news outlets about thousands of the country's wealthiest people, including President Donald Trump.

Treasury Secretary Scott Bessent ripped the firm's failure to handle confidential data after a scandal involving former Booz Allen contractor Charles Edward Littlejohn, who stole tax records relating to Trump and handed them to the New York Times.

The Treasury Department announced it is canceling all contracts with Booz Allen Hamilton (often simply called Booz Allen) for failing to protect sensitive taxpayer information. Treasury cited the massive IRS data breach carried out by former Booz Allen employee Charles Edward Littlejohn.

The U.S. Treasury Department announced it would cancel all contracts with Booz Allen Hamilton. Booz Allen Hamilton provides significant consulting services to the U.S. government.

Littlejohn pleaded guilty to stealing and leaking tax returns from Trump and “thousands” of other wealthy individuals. According to the Justice Department, Littlejohn used “broad search parameters” to evade detection.

Treasury Secretary Scott Bessent cancelled department contracts with the consulting firm Booz Allen Hamilton, one of whose employees leaked President Donald Trump's tax records to The New York Times. The department noted that between 2018 and 2020, Booz Allen employee Charles Edward Littlejohn "stole and leaked the confidential tax returns and return information of hundreds of thousands of taxp...

MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced the general availability of Vellox Reverser™, a malware reverse engineering and threat intelligence product designed to radically accelerate cyber defense. Built with a resilient agentic AI architecture, Vellox Reverser rapidly automates time-intensive in-depth malware analysis of the most complex and evasive threats....