Booz Allen Hamilton: History,Future

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Booz Allen Hamilton, strong AI practice and their commitment to spreading AI adoption through the industry is a huge undertaking and we cannot think of any company more deserving than them to receive this award.

History of Booz Allen Hamilton

  • Edwin G. Booz founded Booz Allen Hamilton in 1914, on the eve of World War I, to help businesses succeed through an outsider’s perspective and a human touch. Over the past century,
  • Booz Allen Hamilton has carved its own place in the consulting industry as an indispensable advisor to the U.S. federal government, particularly in administering IT strategy and integration to numerous agencies and departments.
  • There is hardly an area of government that has not felt Booz Allen’s influence in one capacity or another. The firm has been involved in some of the United States’ most important moments in the 20th and 21st centuries.
  • Booz Allen was the first consultancy sought out by NASA at the agency’s inception and has advised on major advancements in the Space Race—from the Apollo 11 moon launch in 1969 to the design of the Hubble Space Telescope in 1990. The firm was also instrumental in the1940s-era expansion of the naval fleet and the securement of loans that kept Chrysler afloat in the 1980s.

Not Your Father’s Booz Allen

  • The Booz Allen Hamilton of today looks a lot different than it did just a decade ago. The Virginia-based consulting firm once consisted of two very distinct businesses: one that advised government clients and one that worked with commercial companies.
  • That changed in early 2008, when the commercial and international business spun off as the independent firm Booz & Company, while the U.S. government business retained the name Booz Allen Hamilton. To reinforce their independence from the commercial group, the firm then sold a $2.54 billion majority stake in itself to private equity giant The Carlyle Group. The firm went public in November 2010, and the Carlyle Group remains a majority shareholder.

“Fear Not the Future”

  • Today, Booz Allen is a firm of more than 26,000 employees, with 96 percent of its revenue from the federal government and the remainder from commercial and international work.
  • The firm is a strategic partner for agencies in numerous sectors of government—from health and energy to defense. It plays an integral role in the management of these agencies—and, by extension, the defense of our nation.
  • Despite its long history (or perhaps because of it) Booz Allen remains as agile and adaptable as ever. The firm invests heavily in emerging sectors and cultivates a culture of innovation, integrating its heritage into a range of highly skilled and impactful technological capabilities.

The firm lends its expertise in strategy consulting, analytics, engineering, cybersecurity, and digital solutions to a multitude of engagements. Security projects and developments for the Department of Homeland Security. Improving public alert and warning systems in conjunction with the FCC.

Creating the Federal Enterprise Architecture as a standard for budgetary management in federal offices. The outright provision of systems intelligence support to the military and defense agencies. 

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