Booz Allen Hamilton, BlackBerry, and Palo Alto Networks emerge as premier contenders in the thriving AI industry
With governments globally recognizing cybersecurity’s importance in national security, AI equipping firms like Booz Allen Hamilton (BAH), BlackBerry (BB), and Palo Alto Networks (PANW) have taken center stage. Their skills in data analysis and threat detection make them attractive investment options for institutions and individuals alike.
Booz Allen Hamilton: Powering Washington’s IT Needs with AI
Renowned for its expertise in crafting IT solutions for Washington agencies, Booz Allen Hamilton stands out as a potent player in AI innovation. Its portfolio ranges from researching to creating AI infrastructure for top-level organizations like the Pentagon and DOD.

Moreover, this tech giant is primed to expand its consultancy business amid increasing demand for advanced cybersecurity measures. Its recent achievement of securing a $2.6 billion deal testifies to the company’s resilience and future readiness.
Analysts forecast an impressive EPS growth from $4.56 in 2022 to $5.50 next year, making the company’s forward P/E ratio of 20.5 quite enticing.
BlackBerry: Leading Cybersecurity with Robust IT Infrastructure
BlackBerry, traditionally known for its mobile devices, has reshaped itself into a respected provider of IT security solutions. Its clientele includes revered federal bodies such as NSA, DOD, Department of Justice, Department of Homeland Security, among others.
The company’s standout product ‘Continuous Prevention’ uses AI technology to secure national data assets further presenting BlackBerry as a force to reckon within the sphere of cybersecurity.
Its bullish financial projection shows an expected return to profitability by FY24 end and anticipates strong CAGR between 12%-15% through FY27.
Palo Alto Networks: Pioneering Generative AI on Cybersecurity Frontlines
Having utilized AI technology for seven years now, Palo Alto Networks plans to leverage generative AI in launching a large language model soon. This thrust towards innovative tech will help detect and neutralize threats while improving product accessibility.
Adding another feather to its cap last year was PANW’s IoT Security solution receiving Federal Risk & Authorization Management Program status that opens doors to more federal agencies dealing with classified information.
Morgan Stanley recently recognized PANW as a company capable of significant cost savings through efficient use of AI.
As nations are increasingly investing heavily in securing their cyber frontiers using advanced technologies like artificial intelligence (AI), companies that provide such solutions stand on the brink of robust financial growth.