Booz Allen Ventures invests in cybersecurity firm Corsha

MCLEAN, Va. - Booz Allen Hamilton (NYSE:BAH), a $13.29 billion market cap consulting firm with strong financial health according to InvestingPro analysis, announced Thursday that its corporate venture capital arm, Booz Allen Ventures, has made a strategic investment in Corsha, a Machine Identity Provider that secures machine-to-machine communication across operational systems and critical infrastructure.

The investment aims to strengthen American cybersecurity resilience within the defense manufacturing base and other critical infrastructure against increasingly sophisticated cyberattacks. With revenue growth of 12.36% in the last twelve months and trading at a P/E ratio of 14.84, Booz Allen Hamilton continues to demonstrate solid financial performance while expanding its strategic investments.

Corsha, which works with partners including the U.S. Air Force, uses multi-factor authentication to secure machine-to-machine communications and employs behavioral analytics to detect unusual patterns that could indicate potential threats.

"The physical world is increasingly hyperconnected and software defined, leaving military installations, civilian critical infrastructure, and other hubs of economic and national security at risk of cyber disruption," said David Forbes, director of cyber-physical defense at Booz Allen, according to the press release.

Booz Allen plans to work with Corsha to expand the company’s research and development capabilities, scale its AI and machine learning technologies, and advance its operations in critical manufacturing environments.

Anusha Iyer, CEO at Corsha, stated that the company’s "patented identity technology is instrumental in bringing zero trust to our nation’s critical infrastructure, preventing malicious activity at its onset and safeguarding national security."

This marks the 16th investment for Booz Allen Ventures since its launch. The $100 million venture capital arm focuses on early-stage companies developing dual-use commercial technologies.

Booz Allen Hamilton, with global headquarters in McLean, Virginia, employs approximately 35,800 people globally and reported revenue of $12.0 billion for the 12 months ended March 31, 2025, according to the company’s statement. The company maintains a healthy 2.06% dividend yield and has consistently paid dividends for 14 consecutive years. For detailed analysis and additional insights, investors can access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 top US stocks with expert analysis and actionable intelligence.

In other recent news, Booz Allen Hamilton has secured a $96 million contract with the Navy for wireless network installation and sustainment services. This contract, issued by the Military Sealift Command, is structured as a firm, fixed price and time and material letter contract, with completion expected by June 2027. In another development, Booz Allen Hamilton has appointed Ambassador Robert C. O’Brien to its Board of Directors, effective June 2025. His extensive background in national security is expected to bring valuable insights to the company’s operations. Meanwhile, Melody Barnes, a current board member, has announced her decision not to stand for re-election, with her departure effective in July 2025.

On the analyst front, Goldman Sachs downgraded Booz Allen Hamilton’s stock from Neutral to Sell, citing limited revenue and earnings growth in the medium term. UBS maintained a Neutral rating with a price target of $135, noting that the company’s fiscal year 2026 revenue guidance fell short of expectations. UBS also highlighted that the company’s recent quarter showed a 2% revenue shortfall and a 5% EBITDA miss. These developments reflect cautious investor sentiment and potential challenges for Booz Allen Hamilton in the near future.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.