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Treasury Severs Ties: Booz Allen Hamilton Loses $21 Million in Contracts Following Data Security Failures

Booz Allen Hamilton

Treasury Severs Ties: Booz Allen Hamilton Loses $21 Million in Contracts Following Data Security Failures

In a move that has sent shockwaves through the federal contracting landscape, United States Treasury Secretary Scott Bessent announced on Monday, January 26, 2026, the immediate termination of $21 million in contracts with consulting powerhouse Booz Allen Hamilton (NYSE: BAH). The decision, framed as a long-overdue accountability measure, stems from

By MarketMinute