Key PointsPalantir uses a consulting strategy to sell its Artificial Intelligence Platform (AIP).

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Shares of government consulting firm Booz Allen Hamilton (NYSE:BAH) jumped 2.7% in the afternoon session after The U.S. Navy selected the company (Booz Allen Hamilton) and six other firms for a potential nine-year, $827.9 million IDIQ to provide business management support services. According to the U.S. Department of War, under the multiple-award contract, awardees will support senior uniformed leadership; the Defense Department cited an estimated value of about $276 million for the vehicle. Bo

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The latest trading day saw Booz Allen Hamilton (BAH) settling at $70.47, representing a +1.51% change from its previous close.

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MCLEAN, Va., September 29, 2026--Booz Allen Hamilton (NYSE: BAH) today announced Michael D. Brasseur, a pioneer in the U.S. Navy’s operational integration of maritime robotics, autonomy, and AI, has joined the company as an executive vice president. Brasseur will play a critical leadership role in shaping the company’s defense technology business, as well as partnership and innovation strategies.

U.S. Navy Task Force 59 Founder Michael D. Brasseur Joins Booz Allen

Booz Allen Hamilton Holding Corporation, a technology company, provides technology solutions using artificial intelligence, cyber, and other technologies for government's cabinet-level departments and commercial customers in the United States and internationally. The company offers artificial intelligence (AI) which creates purpose-built AI solutions that adapt commercial and technology to the needs of the federal government; cyber solutions; and legacy systems with cloud-enabled infrastructure, data platforms, and software applications.It also provides multi-modal data fusion coupled with cyber and AI for intelligence, surveillance, and reconnaissance, earth observation, and domain awareness and battle management; and quantum information sciences that provides quantum computing, quantum sensing, quantum communications, post-quantum compute readiness, and post-quantum cryptography. Booz Allen Hamilton Holding Corporation was founded in 1914 and is headquartered in McLean, Virginia.

Booz Allen Hamilton Holding Corporation News