Booz Allen's $41B Backlog Signals Sustained Defense Demand

Dow Jones
10/23

Booz Allen's total backlog reached $41 billion as of Sept. 30, up 1.9% year over year, with a quarterly book-to-bill ratio of 1.5x. The company says it sees momentum across its national security portfolio, which generated $2.1 billion in quarterly revenue. Funded backlog stands at $5.7 billion, with unfunded backlog at $10.4 billion and priced options at $24.8 billion. Chairman and CEO Horacio Rozanski says Booz Allen is building and scaling cyber and defense tech products

 

This article was automatically created using artificial-intelligence technology and reviewed by Dow Jones Newswires editors.

 

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