Sign In
Search
Advanced / Transformational Technology

Booz Allen Creates Venture Arm With $100 Million Backing

Cal Biesecker By
SHARE:
Booz Allen Creates Venture Arm With $100 Million Backing
Brian MacCarthy, vice president of tech scouting and ventures at Booz Allen Hamilton. Photo: Booz Allen

Booz Allen Hamilton [BAH] on Wednesday launched a $100 million venture capital fund that will invest in early-stage companies with strategic dual-use commercial technologies that can benefit the company’s customers in artificial intelligence and machine learning (AI/ML), cybersecurity, certain areas of defense, and deep technology such 5G. Booz Allen Ventures has already made three investments, all previously disclosed, to serve as pilots and to learn some early lessons to build into the capital arm going forward, Brian MacCarthy, vice president…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Advanced / Transformational Technology

Hypersonic Testing Company Stratolaunch Raises New Capital

Advanced / Transformational Technology

Stratolaunch, Varda Space Selected As Launch Providers For Hypersonic Test Bed

Advanced / Transformational Technology

Grid Aero Raises $20 Million As It Preps To Begin Flying Long-Range Cargo UAS

Advanced / Transformational Technology

Canadian Software Firm Focused On Arctic Security Raises $15 Million In Seed Round

Trending

L3Harris Nabs Marine Corps Precision Attack Strike Munition Contract
USAF Considering “Modular” Missile Silos For Sentinel
Duffey Teases Announcement Of More Production Boost Initiatives ‘In the Coming Days’
Northrop Grumman Expects Agreement Soon To Accelerate B-21 Production; Pausing Buybacks
Army Awards Potential $5.6 Billion AI, Data Analytics Deal To Salesforce

Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…

L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…

Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…

Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume