Companies
Firestorm Labs fetches $47M in Series A capital
Lockheed Martin's venture arm makes another investment in the three-year-old drone maker, which added Booz Allen Hamilton's venture arm in this round.
Companies
Corsha adds Booz Allen's venture arm as an investor
The seven-year-old cybersecurity company touts the Air Force as user of its machine identity products that work to detect unusual patterns on networks involving operational technology.
Podcasts
WT 360: Our first takeaways from the 2025 Top 100 with more to follow
Nick is all done putting together the 32nd annual edition of our flagship rankings. For this first in a two-part episode, Nick and Ross start talking all about what this research project tells us about both the companies and market.
Companies
Anduril's Series G round and more venture moves to highlight
The venture arms of Booz Allen Hamilton, Lockheed Martin, Science Applications International Corp. and RTX feature in this snapshot of new investment rounds focused on automation, facility access, semiconductors and space.
Companies
CAE's chief executive transition and more moves to note
Several key hires and promotions in functions such as operations, business development and technology also feature.
Updated
Companies
Booz Allen plans 7% workforce cut
The civil business is where Booz Allen will focus most of these layoffs as part of broader “resetting and restructuring” of that business, the company's CEO and finance chief told investors.
Contracts
Air Force cancels $3.7B business transformation recompete
This decision to not proceed with awards comes five months after proposals were due.
Contracts
Booz Allen wins $210M Air Force Research Lab tech transition contract
Among other areas, the service branch's scientific research-and-development arm is pushing to help intelligence agencies adopt new sensors and collaborate more with mission partners.
Contracts
Booz Allen wins $743M cloud app modernization job
For this portion of its Cloud One Next program, the Air Force seeks help in analyzing what applications should move to a cloud environment and how to do so.
Companies
Scout AI emerges from stealth with $15M in seed capital
Booz Allen Hamilton's venture arm was a co-lead in the initial investment round, from which the company plans to further pursue its strategy of integrating artificial intelligence and robotics technologies.
Contracts
DOD seeks initial feedback on recompete of $48B tech research vehicle
The Defense Department specifically wants industry input on the future contract's structure and how it could widen the scope for one area of work.
Contracts
Pentagon hits Accenture, Booz Allen and Deloitte with contract cancellations
The trio are the only named contractors in a group of cuts announced by Defense Secretary Pete Hegseth, who claims $5.1 billion of cancelled contracts with $4 billion in savings.
Companies
How consulting firms acquire to iterate, and sometimes reinvent themselves
The intersection of consulting, integration and implementation is on full display when looking at our 2024 roundup of mergers and acquisitions. So too are the preceding years.
Companies
Venture investing is part of the M&A conversation too
These “deals of a different stripe” to own part of a company require the same business muscles as acquisitions: belief in a business and a willingness to put down money in support of that belief.
Companies
The public company acquirer remains a unicorn in the M&A action
While in the minority, this group of serial buyers requires a different sort of attention and conversation given that they are publicly-traded and have to explain it all.
Contracts
Billions are on the line as DOGE, GSA increase scrutiny
A new analysis by TechnoMile looks at how exposed the General Services Administration's top 10 consulting firms could be, based on unexercised contract ceiling across three major spending categories.
Contracts
Energy to reconsider $3.5B IT contract award to Accenture
A pair of protests have prompted the department to take a second look at claims of improper pricing evaluation.
Contracts
Navy chooses 41 for $249M acquisition lifecycle contract
Awardees will be responsible for carrying out analytical, technical and managerial efforts that aid in sensitive activities.
Breaking News
Companies
Trump administration asks agencies to cull consultants
A memo dated Wednesday asks agencies to review their contracts with 10 of the “highest paid” companies.
Companies