10 Important AI Announcements for Investors

8. Booz Allen Hamilton Holding Corporation (NYSE:BAH)

Number of Hedge Fund Holders: 32

Booz Allen Hamilton Holding Corporation (NYSE:BAH) provides AI-focused services such as machine learning, predictive modeling, and decision analytics to governments and corporations, and not-for-profit organizations in the United States and internationally.

Booz Allen Hamilton (NYSE:BAH) announced leadership changes effective April 1, 2025. Andrea Inserra, currently executive vice president, will become Global Defense Sector President, succeeding Judi Dotson, who retires in June 2025 after 35 years. Inserra has nearly three decades of experience at Booz Allen, leading areas such as aerospace and defense strategy. Steve Escaravage, another executive vice president, will head the newly formed Defense Technology Group, focusing on advancing AI and defense capabilities. CEO Horacio Rozanski praised Inserra and Escaravage for their expertise and highlighted Dotson’s significant contributions, including fostering leadership and driving defense growth.

Rozanski highlighted that Steve Escaravage has played a significant role in scaling the company’s AI business. He said:

“Steve was instrumental in creating Booz Allen’s AI business and scaling it to its current leadership position. As our nation accelerates to outpace its adversaries, Steve is the right leader to help our clients leverage the most advanced technologies—whether built in-house, co-developed, or adapted from the private sector—to gain speed and transform their missions.”