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Defense contractors, and in particular the specialists that run information technology (IT) systems for the federal government, have been under pressure as the effort known as the Department of Government Efficiency (DOGE) looks for ways to cut costs.
In the most recent trading session, Booz Allen Hamilton (BAH) closed at $120.02, indicating a +0.6% shift from the previous trading day.
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In the latest trading session, Booz Allen Hamilton (BAH) closed at $118.81, marking a -0.65% move from the previous day.
Booz Allen (BAH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
On Friday, Meta and Booz Allen Hamilton began deploying Meta's open-source AI model, Llama, in space. Astronauts in low orbit at the International Space Station's National Laboratory will use the "fine-tuned" version of Llama 3.2 to do scientific research.
MCLEAN, Va. & MENLO PARK, Calif.--(BUSINESS WIRE)--Booz Allen Hamilton (NYSE: BAH) and Meta today announced the development and successful demonstration of a novel AI-powered tech stack, accelerated by NVIDIA CUDA GPUs, to support critical work on the International Space Station (ISS) National Lab. This effort is believed to be the first of its kind, setting the stage for space exploration and operations across a variety of disconnected environments. The goal in building the tech stack – dubbed.
Booz Allen Hamilton, Guidehouse and others are negotiating with the General Services Administration as part of broad review of government contractors.
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