Reported about 2 months ago
BigBear.ai (BBAI) shares soared following the company's acquisition of a $165 million, five-year contract with the US Army, discussed by CEO Mandy Long in a Yahoo Finance interview. The contract, focused on Global Force Information Management, aims to enhance decision-making for military leaders using AI technology. Long emphasized the significance of this achievement, marking BigBear.ai's entry into the competitive landscape as a prime contractor.
Source: YAHOO