Oceania CEO said the current uncertainty will provide a tailwind to AI-led transformation among companies. The company's ...

US Defense Secretary Pete Hegseth estimates the Pentagon will save nearly $4 billion from the terminated IT and consulting ...

Following the announcement, the shares of the affected companies were impacted. According to a Reuters report, Accenture slid ...

The contracts appeared to be wide-ranging cuts to consulting services for the Navy, the Air Force, the Defense Advanced ...

Investing.com -- Shares of Booz Allen Hamilton Holding (NYSE:BAH) dropped 2.3%, while Accenture plc (NYSE:ACN) saw a 2.2% decrease following the Pentagon’s decision to terminate $5 billion in IT ...

including companies such as Accenture, Booz Allen Hamilton and Deloitte, according to a Pentagon memo. The contracts "represent non-essential spending on third party consultants" for services ...

Accenture's strong global presence and focus ... and the net profit margin was 11.2%. EBITDA amounted to $11.07 billion. (margin of 17%), which decreased significantly due to structural changes.