Booz Allen Joins Forces With Shield AI To Supercharge US Military Autonomy: Details
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Strategic Partnership Announcement: Booz Allen Hamilton has formed a strategic partnership with Shield AI to develop AI-powered autonomous solutions for the U.S. government, focusing on enhancing the Department of Defense's capabilities through advanced technology integration.
Investment and Market Performance: Booz Allen recently made its largest corporate venture capital investment in Shield AI while facing a 20% decline in stock value over the past year, with shares trading slightly lower at $114.79.
Analyst Views on WAR
Wall Street analysts forecast WAR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WAR is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
