0908 ET - Booz Allen Hamilton expects to see some slowing and uncertainty in the procurement environment as the Trump administration transitions in and sets its agendas, as has been the case with previous presidential transitions, CEO Horacio Rozanski says on a call with analysts. Funding will shift in line with the new administration's priorities, he says. "We anticipated this adjustment period and have managed our business accordingly," the CEO says. The short-term effect on procurements and contracts is typically more pronounced for civilian agencies, CFO Matt Calderone says on the same call. (dean.seal@wsj.com)
(END) Dow Jones Newswires
January 31, 2025 09:08 ET (14:08 GMT)
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