Intelligence agencies may freeze certain Booz Allen Hamilton Holding Corp. projects while they review its handling of classified information after an employee revealed a secret U.S. electronic surveillance program, according to Susquehanna Financial Group.
Booz Allen Hamilton Holding Corp. , the government-consulting firm acquired by Carlyle Group in 2008, raised $238 million pricing its initial public offering at the low end of its forecast range. The shares advanced.
Booz Allen Hamilton Holding Corp., the contractor Edward Snowden worked for when he took more than a million documents about U.S. spy programs, is one of the few companies that could handle storing bulk phone records for the National Security Agency.
Booz Allen Hamilton Holding Corp. , the consulting firm taken private by Carlyle Group in 2008, is seeking an initial public offering that may hand the buyout firm a 241 percent paper profit on its investment.
The disclosure of National Security Agency secrets by 29-year-old computer systems technician Edward Snowden is drawing new scrutiny of security processes and U.S. intelligence agencies’ reliance on contractors such as Snowden’s employer, Booz Allen Hamilton Holding Corp.