Why Booz Allen Hamilton Stock Is Surging Today
Booz Allen Hamilton (US:BAH) The Motley Fool·2024-01-26 17:11Defense IT company Booz Allen Hamilton (BAH 12.90%) delivered quarterly earnings that substantially beat expectations and forecast a better-than-expected 2024. Investors are rallying into the shares, sending Booz Allen stock up 13% as of 11 a.m. ET Friday.A solid beat and a dividend boostBooz Allen Hamilton is one of the so-called "Beltway Bandit" defense contractors, companies that are focused on providing technology services, and not armaments, to the Pentagon and other government agencies.The company end ...