Aventra plans to take its balloon-deployed Piranha into low-rate initial production

Booz Allen's Civil and Commercial revenue fell in the quarter ended Sept. 30, 2026. The 15% decline helped pull total revenue down 3.9%.¹

National Security's reported revenue rose 0.6% to $2.076 billion. Booz Allen now groups defense and intelligence customers in that line, with prior periods presented on the same basis.¹ On the company's measure excluding billable expenses, National Security revenue grew 5.9%.² First-half payments for business acquisitions and dispositions, net of cash acquired, totaled $934 million; the results release and presentation do not separate acquired revenue.^1–2

Management attributed the overall revenue decline primarily to a slowed procurement environment in the prior year that led to a slower start to programs this year, predominantly from civil customers.² Headcount fell to 31,000 from 32,500 a year earlier.¹

The European Commission announced €168.2 million in allocations on Oct. 14 to expand production of components used in missiles, drones and ammunition.¹

The Commission expects the projects to mobilize €1.26 billion in industrial investment. It expects that investment to support production at 17 sites across 14 EU member states and Norway.¹

These are the first eight projects under the European Defence Industry Programme’s Industrial Reinforcement Action pillar, which has more than €700 million allocated to it. They come from the pillar's first call dedicated to energetic components, which builds on the Act in Support of Ammunition Production, an emergency instrument addressing immediate production bottlenecks.¹

Two projects have allocations of €30 million each: ROCMAN, for solid fuel rocket motors for missiles, and THUNDER, for military-grade TNT. Other allocations cover military-grade nitrocellulose, loitering munition warheads and explosives, small turbojet engines for missiles and drones, 155mm base bleed and small-calibre cartridges.²