Booz Allen profits spike as top executive downplays Trump’s shutdown threats

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Booz Allen Hamilton executives downplayed threats Monday from President Trump to shut down the federal government over funding for a wall on the U.S.-Mexico border.

Higher federal funding is spurring growth at the McClean, Va.-based government consulting firm. Revenue increased 8.1 percent to $1.65 billion for the three months through June, while net income rose 48 percent to $104.2 million. Just this month, the Department of Homeland Security awarded the company a $1 billion order to help six federal agencies bolster cybersecurity protections.

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