:

Business/Financial

Booz Allen’s Venture Arm Invests In Company Focused On Ethical AI

By Cal Biesecker

Wednesday, May 3rd, 2023

SHARE:

Booz Allen Hamilton [BAH] on Wednesday said it has made a strategic investment in Credo AI, a small company that has developed a governance platform that helps customers maintain oversight and manage compliance, regulations and risk around their artificial intelligence projects. The value of the investment wasn’t disclosed. San Francisco-based Credo AI has 27 employees. Booz Allen said partnership will help it bring scalable responsible AI capabilities to its federal customers as regulations change and the pace of the technology…

Congress

HASC’s Final FY ‘27 NDAA Expands Systems Eligible For Multi-Years, Includes LTAMDS, IBCS, ARRW

House defense authorizers added a measure to their version of the next defense policy bill that would expand the list of weapons platforms eligible for multi-year contracts, to include the […]

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]