StockNews.AI
BAH
StockNews.AI
28 days

Booz Allen Awarded $315 Million Rapid Prototyping Contract to Transform Command and Control for the U.S. Air Force

1. BAH awarded a $315 million defense contract for ABMS project. 2. The contract duration is up to five years with L3H partnership.

+5.58%Current Return
VS
+0.71%S&P 500
$109.3207/22 08:19 AM EDTEvent Start

$115.42507/23 02:32 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The substantial contract value suggests strong revenue growth potential for BAH. Historical data shows that similar contracts have positively affected share prices.

How important is it?

The multi-million dollar contract positively influences investor sentiment and forecasts for BAH’s growth and stability.

Why Long Term?

The contract spans five years, indicating sustained revenue and operational impact. Past contracts of similar duration have shown continuous positive market response.

Related Companies

MCLEAN, Va.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) today announced it was awarded a $315 million contract with a maximum performance period of up to five years to deliver the Advanced Battle Management System (ABMS) Distributed Battle Management Node (DBMN) Phase II Tactical Operations Center-Light (TOC-L) prototype for the Department of the Air Force Program Executive Office for Command, Control, Communications, and Battle Management (DAF PEO C3BM). Booz Allen is partnering with L3H.

Related News