Booz Allen Grew Rich on Government Contracts

“Over the last decade, much of the company’s growth has come from selling expertise, technology and manpower to the National Security Agency and other federal intelligence agencies. Booz Allen earned $1.3 billion, 23 percent of the company’s total revenue, from intelligence work during its most recent fiscal year. The government has sharply increased spending on high-tech intelligence gathering since 2001, and both the Bush and Obama administrations have chosen to rely on private contractors like Booz Allen for much of the resulting work. Thousands of people formerly employed by the government now do essentially the same work for private companies.”

http://www.nytimes.com/2013/06/10/us/booz-allen-grew-rich-on-government-contracts.html?hp&_r=4&

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