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Booz Allen profits drop
TECHNOLOGY consultants Booz Allen yesterday reported a fall in net income to $56.2m (£35.6m) for the final three months of 2013, down from $62.9m for the same period last year.
Revenue at the US business was $1.39bn, a decrease of 3.5 per cent. The company blamed “challenging market conditions for government contractors” for the fall.