The completion of the move also brings a new CEO for the government business, who is staying with the organization after being in the same role for Intelsat.
GovCIO will inherit a $1.4 billion Veterans Affairs Department contract and has plans for further software and artificial intelligence investments in that program.
The nonprofit firm’s vehicle for investing in startups takes it to a company that works with organizations on adopting artificial intelligence and stay within their security and regulatory guardrails.
Technology remains in the core for Booz Allen Ventures, which is widening its scope to include companies involved in manufacturing and the U.S.' reindustrialization efforts.
The five-year-old company views artificial intelligence and robotics as necessary to automate defense component manufacturing and make it happen at scale.
The eight-year-old maker of launch vehicles and other spacecraft gives a deeper look at its business for the first time, as is required before the listing completes.
The Defense Department will buy a 15% stake in MP Materials and fund the construction of a magnet-making facility, all with an eye toward breaking the U.S.' reliance on China for rare earths.
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.
The four-year-old small satellite maker has more financial resources for the development of its Earth intelligence gathering platform and to acquire another company.
Advantage Capital is investing in the 12-year-old contractor through Empower The Change, a fund started in 2022 to exclusively provide capital to minority-owned businesses.
