Booz Allen CEO says intel business has been 'constrained'

Growth in Booz Allen Hamilton's intelligence business has been "constrained by the need for cleared talent and a couple of recompete losses," according to the company's chief executive.

However, Horacio Rozanski said the company's defense and civil markets, which make up three-quarters of its portfolio, "are delivering double-digit revenue growth through the first nine months."

Rozanski, in a call with analysts this morning, said the company is "proactively addressing those challenges."

Meanwhile, Booz Allen today reported sales in its most recent quarter of $1.9 billion, up 11% from the same three-month period a year earlier.