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U.S. Army Awards Raft a $99 Million Contract to Enhance Data and AI Capabilities for Military Modernization.

Aug 19, 2026•about 5 hours ago

Contract Type

contract

McleanSoftwareConsulting

Description

Raft has been awarded a five-year, $99 million firm-fixed-price IDIQ contract by the U.S. Army. This contract facilitates a streamlined procurement process for Raft's software platforms and services, aimed at enhancing the efficiency of U.S. Army operations.

Company Information

Company

Raft

Location

Mclean, Virginia, United States

About

Since late 2018 the startup has now raised approximately $48 million. “We founded Raft as an AI-first company because we saw an opportunity to empower freight forwarders and customs brokers with technology, and take pressure off their operational teams so that they could focus on their customers instead of their keyboards,” commented Raft CEO and co-founder James Coombes.

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