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McLean, Virginia-based Booz Allen Hamilton, the largest government IT contractor by revenue, ended its fiscal fourth quarter with what it called its best fiscal year since its initial public offering 14 years ago.
The technology contract also continues to bring more IT professionals onto its payrolls, with continued growth of its contracting backlog.
Booz Allen had $2.8 billion in fiscal fourth quarter revenue, up 13.9% from a year earlier, and net income of $128 million. For its full 2024 fiscal year, the company had $10.66 billion in revenue, up 15.2%. Full year net income was $605.7 million, more than double fiscal 2023 profits.
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