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Horacio Rozanski: Booz Allen Poised for Growth Amid Pandemic

Horacio Rozanski
Horacio Rozanski
Horacio Rozanski
Horacio Rozanski

Horacio Rozanski, president and CEO of Booz Allen Hamilton and a two-time Wash100 awardee, said he believes the company is geared up for growth driven by its recent financial performance and market position to address federal agency clients“™ demand for technologies, The Washington Business Journal reported Friday.

“We remain in a growth posture,“ Rozanski said. “What I believe is there is an opportunity to continue to help our clients make this transformation toward digital and toward new technologies. And if anything, in a tight budget, those are going to be more important because of the efficiencies they create. So we“™re well-positioned, I believe, as a company to capture upside from effectiveness, but also capture upside from efficiency as we help our clients make this transition.“  

He said the company may leverage asset price volatility to pursue possible tuck-in acquisitions to boost capabilities.

Booz Allen recorded $1.96B in revenue during the first quarter of fiscal 2021, reflecting a 7.2 percent growth from the prior-year period. The company reported $213M in Q1 FY 2021 adjusted earnings before interest, taxes, depreciation and amortization and saw its net income rise 10.2 percent to $129.3M.

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