Welcome to our dedicated page for BIGBEAR AI HLDGS news (Ticker: BBAI), a resource for investors and traders seeking the latest updates and insights on BIGBEAR AI HLDGS stock.
BIGBEAR AI HLDGS INC (NYSE: BBAI) maintains this dedicated news portal for tracking official communications and market developments. Access curated press releases covering artificial intelligence advancements, cybersecurity initiatives, and defense sector contracts alongside financial disclosures.
This repository serves investors and industry observers with timely updates on government partnerships, technology deployments, and strategic business developments. Content spans earnings announcements, product launch details, executive leadership updates, and operational milestones within national security ecosystems.
All materials are sourced from company-issued communications to ensure accuracy regarding AI-driven decision intelligence applications and cyber engineering solutions. Users can monitor developments in critical areas including autonomous systems, data analytics platforms, and digital infrastructure security.
Bookmark this page for streamlined access to BIGBEAR AI's evolving role in defense technology markets. Regular updates provide essential context for understanding the company's position at the intersection of artificial intelligence and national security priorities.
BigBear.ai (NYSE: BBAI) has been invited to participate in the BASC Panama 2025 International Forum, a significant event focused on secure trade and logistics scheduled for April 29, 2025 in Panama City. The forum, themed 'Navigating Panama's Maritime and Logistics Future: Security for Global Trade,' will bring together global leaders in finance, logistics, maritime operations, and international trade.
BigBear.ai's representatives from the border and homeland security sector, including former high-ranking U.S. Customs and Border Protection officials and company executives, will join Panamanian government stakeholders and international corporate leaders in panel discussions focusing on port modernization, supply chain security, and global commerce developments.
BigBear.ai (NYSE: BBAI) has announced a partnership with Austal USA, one of America's largest shipbuilders, to deploy its AI/ML-powered manufacturing platform for submarine construction. The company's Shipyard AI® platform will be implemented at Austal's Mobile, Alabama headquarters to enhance shipbuilding capacity planning and maximize efficiency.
The platform, developed specifically for shipyard planners and builders, aims to address common industry challenges including resource constraints, bottlenecks, and workforce limitations. This implementation is part of Austal USA's significant modernization investment and will support their role as a module supplier for U.S. Navy submarines.
BigBear.ai (NYSE: BBAI), an AI technology provider specializing in defense, national security, travel, trade, and enterprise solutions, has announced its upcoming first quarter 2025 financial results release. The company will publish its earnings report on Thursday, May 1, 2025 at approximately 4:15 pm ET, followed by an earnings conference call later that evening. Investors can access the earnings release through the company's investor relations website at https://ir.bigbear.ai. Additional details regarding the earnings call will be made available on the same website on May 1, 2025.
BigBear.ai (NYSE: BBAI) has secured a $13.2 million sole source contract from the U.S. Department of Defense for a 3.5-year term. The contract focuses on supporting the Chairman of the Joint Chiefs of Staff's Directorate for Force Management (J-35) through the delivery and maintenance of the ORION Decision Support Platform (DSP).
The platform provides automated force management capabilities and data analytics to the DoD's Joint Planning and Execution Community. ORION DSP integrates data from Armed Services, enables global force visualization, and facilitates Course of Action development. The system has significantly improved efficiency, reducing analysis time from weeks to minutes.
The contract was awarded through the Tradewinds Marketplace, marking BigBear.ai's second award through this DoD AI/ML procurement platform. The company will enhance ORION DSP's scalability, adaptability, and analytical capabilities to support force planning and strategic decision-making across the department.
BigBear.ai (NYSE: BBAI) reported Q4 2024 financial results with revenue of $43.8 million, up 8% year-over-year from $40.6 million in Q4 2023. The company's gross margin improved to 37.4% from 32.1% in Q4 2023.
Key financial highlights include:
- Net loss of $108.0 million in Q4 2024 (vs $21.3 million in Q4 2023)
- Cash balance of $50.1 million as of December 31, 2024
- Ending backlog of $418 million, a 2.5x increase from 2023
- Exchanged $182.3 million in convertible notes, with $58 million already converted to equity
For 2025, BigBear.ai projects revenue between $160 million - $180 million with negative single-digit Adjusted EBITDA. The company received $64.7 million in gross proceeds during Q1 2025 from warrant exercises, reducing net debt from $150 million to $27 million and improving the debt-to-cash ratio from 4.0 to 1.2.
BigBear.ai (NYSE: BBAI) announced its participation in Exercise Talisman Sabre 2025 (TS25), deploying its AI platform ConductorOS to enhance capabilities for AUKUS forces. The exercise, taking place this summer in Australia, will be the 11th and largest iteration with 19 nations participating.
ConductorOS will integrate with advanced technologies to strengthen interoperability among AUKUS (Australia, UK, and US) forces. The platform will help military forces by:
- Updating AI models in real-time
- Improving coordination between sensors and shooters
- Enhancing decision-making during operations
The platform will integrate with US Department of Defense Programs of Record and Australian unmanned vehicles for ground and air operations. U.S. participation in the Resilient Autonomy and AI Technologies (RAAIT) trials is supported by the Office of the Under Secretary of Defense for Research and Engineering.
BigBear.ai (NYSE: BBAI), a technology company specializing in AI solutions for defense, national security, travel, trade, and enterprise sectors, has announced its upcoming fourth quarter and full year 2024 financial results release. The company will publish its earnings report on Thursday, March 6, 2025, at approximately 4:15 pm ET. Investors and interested parties can access the earnings release through the company's investor relations website at https://ir.bigbear.ai.
BigBear.ai (NYSE: BBAI) has announced a partnership with SoftPoint to integrate its Trueface facial biometric solutions into SoftPointPay's payment transaction network. The collaboration aims to enhance security and streamline operations across SoftPoint's retail partners.
The integration will implement facial recognition technology for payment authentication, designed to reduce fraudulent transactions by utilizing unique facial identities that are difficult to replicate. SoftPointPay's network spans multiple sectors including banks, dining, retail, convenience stores, and event venues.
Ha McNeill, VP of Digital Identity at BigBear.ai, emphasized the partnership's goal of setting new standards in security and convenience through biometric payment processing. SoftPoint's CEO Christian Rivadalla highlighted the selection of BigBear.ai's technology as one of the most advanced facial recognition matching solutions available.
BigBear.ai (NYSE: BBAI) has secured a Department of Defense (DoD) contract to advance its Virtual Anticipation Network (VANE) prototype. The project will support the Chief Digital and Artificial Intelligence Office (CDAO) and Office of the Secretary of Defense by using custom AI models to analyze news media from potential foreign adversaries.
The VANE system, initially developed with the Irregular Warfare Technical Support Directorate, aggregates and analyzes data to predict adversarial activity in complex situations. The prototype received 'awardable' status on the CDAO Tradewinds Solutions Marketplace in April 2024.
The contract includes a transition plan for future deployment on CDAO's Advana environment, which will enable broader access across DoD's Combatant Commands to this AI capability.
BigBear.ai (NYSE: BBAI) has secured a prime Indefinite Delivery/Indefinite Quantity (IDIQ) contract under the U.S. Department of Navy's SeaPort Next Generation (SeaPort NxG) program. This multiple-award contract positions BigBear.ai to provide technical, engineering, and professional services to the U.S. Navy and other federal agencies.
The company will deliver systems engineering, process engineering, and specialized technology solutions through this contract. BigBear.ai's involvement includes developing AI for advanced autonomous surface vessels (ASV), computer vision for maritime situational awareness, and AI-powered digital twins and asset management for shipbuilding.
