Booz Allen Hamilton Holding Corporation faced a negative market reaction after the Treasury ended IRS contracts due to a data breach, highlighting increased scrutiny and lower risk tolerance in federal procurement. Gross revenue declined 10% year-over-year to $2.6 billion, with a $50 million revenue and $20 million profit impact expected for the fiscal year, mainly from timing issues and the government shutdown. Despite a 28% drop in the Civil segment, BAH ended the year with a record $38 billion backlog and a $53 billion qualified pipeline for FY2027, signaling improving award activity.