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January 02, 2014
McLean, VA — Booz Allen Hamilton (NYSE:BAH) leaders, past and present, will celebrate the launch of the firm’s 100th anniversary year by ringing The Opening Bell®today at the New York Stock Exchange.
The theme for the year-long anniversary celebration is “Start With Character,” the first description written in a list of the qualities of the best consultants, as drafted by Edwin Booz, who founded the firm in 1914. Booz was a visionary who, at the beginning of World War I, established a new industry called management consulting, designed to “take the measure” of a business problem. He was later joined by James Allen and Carl Hamilton.
In the ten decades since, the firm assisted the American Red Cross in the 1930s, helped the U.S. Navy prepare for war in the ‘40s, introduced the “product life cycle” concept in the ’50s; helped structure the newly formed National Football League in the ‘60s; helped Chrysler with its historic turnaround in the ‘70s; began work on NASA’s space station in the ‘80s; assisted the Internal Revenue Service with a major transformation in the ‘90s; and in the early 2000’s issued an advanced analysis of strategic security issues, eventually leading to a significant cybersecurity capability in the firm.
Today, Booz Allen Hamilton is a leading provider of management consulting, technology, and engineering services to the U.S. government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations. Its latest innovations include predictive intelligence solutions, new approaches to data science that help generate value from data for clients, and the development of advanced technologies through rapid prototyping.
“Booz Allen has stayed true to the vision of our founding partners. We’ve built strong client relationships, created a culture to attract and retain the most talented staff, managed the business well to deliver value to our shareholders, and supported the communities in which we live and work,” said Chairman and Chief Executive Officer Ralph W. Shrader. “As we look ahead to our next century, we will continue to evolve and grow to help our clients meet their demanding and ever-changing missions.”
Among the highlights of Booz Allen Hamilton’s Centennial are partnerships with leading organizations and a further commitment to community service:
The firm’s rich history of innovation and client service is captured in a new video: “100 Years in 100 Seconds.” More information about our Centennial is available here.
CONTACT: Media Relations -- Marie Lerch 703-902-5559
About Booz Allen
For more than 100 years, business, government, and military leaders have turned to Booz Allen Hamilton to solve their most complex problems. They trust us to bring together the right minds: those who devote themselves to the challenge at hand, who speak with relentless candor, and who act with courage and character. They expect original solutions where there are no roadmaps. They rely on us because they know that—together—we will find the answers and change the world.
We solve the most difficult management and technology problems through a combination of consulting, analytics, digital solutions, engineering, and cyber expertise. With global headquarters in McLean, Virginia, our firm employs approximately 24,600 people globally, and had revenue of $6.17 billion for the 12 months ended March 31, 2018. To learn more, visit www.boozallen.com. (NYSE: BAH)