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Published: Sunday 22 September, 2013

shops womens clothes shops womens clothes Edward Snowden NSA Leak Wont Likely Hurt Booz Allen Business



Still, dont expect the company to remain shaken for long. Booz Allen will likely weather this crisis unscathed, as will its contracting brethren.



READ: Civil Liberty Watchdog Relaunches in Wake of NSA Revelations



Theres certainly some negative press and a PR and perceptual challenge for Booz Allen Hamilton. But in terms of their business with the government, I dont think its going to really have an impact, says George Price, senior vice president and senior equity research analyst at BB Capital Markets. Though Booz Allen definitely has a PR problem on its hands for now, as might the contracting industry as a whole, Price believes that both government agencies and investors wont hold it against the co shops womens clothes mpany that an employee decided to blow the whistle.



I think this is going to be viewed as a oneoff, rogue situation, and not something where people go back and say Booz Allen, this is your fault. Were not going to do business with you anymore, he says.



The company declined to comment for this story.



From Booz Allens perspective, theres only one giant client to worry about: Over 99 percent of Booz Allens business comes from the government, and that business is big. While thats dwarfed by massive defense contractors like Lockheed Martin $35.8 billion and Boeing $29.1 billion, it is also enough to make Booz Allen Hamilton the 14thlargest recipient of government contracts last year.



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That massive business isnt going anywhere, says one contracting expert. Thats because, despite the media frenzy and public outrage, the leak itself was minor.



I dont see this as a major breach where the company was hacked, or a hard drive, or a server walked out of their facility or thousands or millions of records on individuals have been leaked, says Scott Amey, general counsel at the Project on Government Oversight, a government watchdog group. This leak has been fairly small.



In addition, its not as if contractors are uniquely prone to shops womens clothes leaks. The government is just as shops womens clothes capable of unwanted releases of sensitive information; one needs to look no further than Bradley Manning for proof of that.



Still, Amey says he believes the case may cause the government to rethink its reliance on contractors. As the New York Times reported this week, thousands of former government employees now do intelligence work for private contractors.



The government has three key reasons why it chooses contractors, says Amey: cheaper employees due to not having to pay for benefits like pensions, a perception that the private sector is better at innovating than the government and greater flexibility, in the sense that its harder to fire government employees than privatesector workers.



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However, Amey considers those myths. In one 2011 report, for example, Amey and a colleague at the Project on Government Oversight found that federal employees were less costly than contractors in 33 of 35 occupations. The government ramped up its contracting post9/11, says Amey, and has not stepped back to examine its reliance on contractors since then.



Unfortunately through the years, I dont think the government ever went back and said, OK, should we convert or transition some of this work into the government? he says. This work isnt going away in the near future. So should we be hiring government employees to come in that have the technical, electronic, and engineering skills, and computer skills necessary to handle this kind of work?



Given current fiscal realities, contractors may have bigger problems to deal with than the potential threat of future whistleblowers, says Price.



More than not, the contractors have felt the pain of spending cuts and budget uncertainty and delays, says Price.



Then again, it may also be that government contractors are weathering sequestration relatively well. While some have been forced to lay off workers, investors remain confident. Large contractors including , , and have watched their stock prices climb this year, unfettered by massive government spending cuts. If that trend continues, Booz Allen Hamilton may easily bounce back from the Snowden debacle. shops womens clothes

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