After a federal judge last week rejected a Department of Justice attempt to block Booz Allen Hamilton’s [BAH] acquisition of EverWatch, Booz Allen closed the deal on Oct. 14, strengthening its work with the intelligence community.
Terms of the acquisition, which was announced in March, were not disclosed. The Justice Department in June moved to quash the deal on grounds that it would eliminate competition for an intelligence community customer.
EverWatch was a portfolio company of the private equity firm Enlightenment Capital.
Booz Allen said that EverWatch complements its existing capabilities in artificial intelligence, full-spectrum cyber operations, mission analytics, 5G and technical signals intelligence. EverWatch supports human and signals intelligence, cybersecurity, intelligence, surveillance and reconnaissance, counterterrorism, counter-intelligence, counter-narcotics and cloud services.
EverWatch initially will operate as a wholly owned subsidiary of Booz Allen. Baird was EverWatch’s financial adviser on the deal and Booz Allen was advised by Jefferies.
Separately, Booz Allen and Armaments Research Company, Inc. (ARC) on Monday said they are partnering to demonstrate Booz Allen’s 5G mobile technology-powered network with ARC’s weapon sensing data. The arrangement will be conducted within Booz Allen’s previously awarded Joint Base Lewis-McChord 5G-Enabled Extended Reality contract to boost soldiers’ performance on and off the battlefield.
ARC says its technology reduces sensor-to-shooter times by up to 60 percent. The company offers embedded internet-of-thing sensors on weapons, including an artificial intelligence-powered tactical weapons sensor that collects and processes battlefield and solider performance data to give ground force commanders greater situational awareness. It also provides intelligent mobile applications, and cloud-based analytic platforms.
Booz Allen will prototype IoT and extended range capabilities with tailored military applications with ultra-low latency.
“This partnership will help reveal what’s conceivable as the Army considers new approaches to gaining overmatch in future conflict,” Michael Canty, ARC CEO, said in a statement. “The collective creativity across the Army, BAH and ARC teams thus far has inspired a more ambitious vision of scale for this combined solution.”
ARC is headquartered in Washington, D.C., and has more than 25 employees.