Private Equity Giants Tapped for $150B U.S. Army Infrastructure Overhaul
Private equity firms Apollo (APO), Carlyle (CG), and KKR (KKR) are in discussions to fund a $150 billion upgrade of U.S. Army infrastructure. The initiative aims to modernize aging bases, depots, and logistics networks over the next decade, with a focus on countering China's military expansion. Army Secretary Daniel Driscoll described the opportunity as "meaty"—military parlance for large-scale, strategic projects that bypass bureaucratic delays.
The plan leverages underutilized military assets to attract private investment into critical infrastructure, including data centers and technology upgrades. A closed-door forum hosted by Driscoll and Treasury Secretary Scott Bessent last week included over a dozen leading private capital firms. The MOVE reflects growing reliance on private capital for national security priorities amid Congressional funding constraints.
