Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Anthropic introduces Claude Opus 4.6 as artificial intelligence advances towards ambient working.

February 6, 2026

How Alphabet Utilizes AI Agents to Enhance Financial Revenue

February 6, 2026

FactSet employs generic AI under the brand name Fluent in Finance.

February 5, 2026

Dutch FinTech Startup Duna Secures €30 Million for AI and Business Onboarding Solutions Compliant with Identity Regulations

February 5, 2026
Facebook X (Twitter) Instagram
Trending
  • Anthropic introduces Claude Opus 4.6 as artificial intelligence advances towards ambient working.
  • How Alphabet Utilizes AI Agents to Enhance Financial Revenue
  • FactSet employs generic AI under the brand name Fluent in Finance.
  • Dutch FinTech Startup Duna Secures €30 Million for AI and Business Onboarding Solutions Compliant with Identity Regulations
  • Challenges Facing AI Adoption in Finance at the Enterprise Level
  • Black Swan Summit India 2026: 1,700 Delegates, 24 Countries, and a Lot to Prove
  • PB Fintech shares rise over 8% following significant news regarding its fundraising strategy.
  • Women in technology and finance may face the greatest impact from job losses linked to AI advancements.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    PB Fintech shares rise over 8% following significant news regarding its fundraising strategy.

    February 5, 2026

    CBN fintech investigation report suggests significant change in regulator’s position

    February 2, 2026

    Headlines from KUTV covering news, weather, sports, and breaking updates in Salt Lake City

    January 19, 2026

    Kuda Reduces Losses to $5.8 Million as Fintech Concentrates on Achieving Profitability

    January 14, 2026

    Fintech Titan or Overhyped Relic?

    January 7, 2026
  • AI

    Anthropic introduces Claude Opus 4.6 as artificial intelligence advances towards ambient working.

    February 6, 2026

    How Alphabet Utilizes AI Agents to Enhance Financial Revenue

    February 6, 2026

    FactSet employs generic AI under the brand name Fluent in Finance.

    February 5, 2026

    Challenges Facing AI Adoption in Finance at the Enterprise Level

    February 5, 2026

    Women in technology and finance may face the greatest impact from job losses linked to AI advancements.

    February 5, 2026
  • Acquisitions

    Capital One’s $5 billion purchase of fintech Brex may prove to be another brilliant move by billionaire Richard Fairbank.

    January 24, 2026

    Fintech Partnership Enhances UST’s Digital Banking Goals

    January 20, 2026

    CoinGecko is reportedly exploring a sale valued at $500 million.

    January 16, 2026

    Flutterwave acquires Nigerian Mono in a unique exit for African fintech.

    January 6, 2026

    MergersandAcquisitions.net publishes a comprehensive report on trends and analyses in financial services and fintech mergers and acquisitions.

    December 23, 2025
  • Trends

    GCC fintech market projected to attain a value of $26.8 billion

    February 5, 2026

    Key Stablecoin Trends to Monitor in 2026 – Fintech Schweiz Digital Finance News

    January 21, 2026

    Trends in Emerging Fintech Technologies Emphasize Wealth Management

    January 8, 2026

    GCC Fintech Landscape: Embracing Open Banking, Nurturing Startups, and Investment Patterns

    January 7, 2026

    eLEND Solutions Introduces Fintech Platform to Simplify Financing and Credit for Dealerships – Pete MacInnis

    January 6, 2026
  • Insights

    Climate change overwhelms the insurance industry.

    January 23, 2026

    Capital One to purchase fintech startup Brex for $5.15 billion, as announced in a definitive agreement on Thursday.

    January 23, 2026

    Insights on the Fintech.TV Collaboration with Datavault AI Inc. Stock (DVLT)

    January 17, 2026

    Wealthfront aims for a valuation of as much as $2.05 billion in its U.S. IPO, according to CTV News.

    January 7, 2026

    New UNF collaboration seeks to promote fintech innovation – Action News Jax

    December 27, 2025
  • Rumors

    SpaceX Considers Initial Public Offering, Spirit Airlines Owner Explores Private Equity, and Other Speculations

    January 25, 2026

    Collapse of Livestock Markets Amid Tumultuous Rumors

    January 23, 2026

    Crypto schools draw interest amid speculation regarding UAE initiatives.

    January 23, 2026

    Is Coinbase exploring the acquisition of BVNK to enhance its Stablecoin growth?

    January 20, 2026

    JD-SW refutes speculation about issuing RMB10 billion in Dim Sum bonds, according to Financial News.

    January 15, 2026
  • Startups

    Dutch FinTech Startup Duna Secures €30 Million for AI and Business Onboarding Solutions Compliant with Identity Regulations

    February 5, 2026

    Malta Fintech Market Overview for 2026 – Fintech Schweiz Digital Finance News

    February 4, 2026

    Y Combinator Emerged as the Leading Fintech Investor in 2025, According to Data

    February 4, 2026

    Nila Spaces takes a minority interest in the fintech startup Alt DRX.

    February 4, 2026

    Forbes 30 Under 30 Fintech Executive Accused of $7 Million Fraud

    February 3, 2026
  • finjobsly
fintechbits
Home » BigBear.ai Wins 5-Year, $165 Million Production Contract to Provide Global Forces Information Management for the U.S. Army
AI in Finance

BigBear.ai Wins 5-Year, $165 Million Production Contract to Provide Global Forces Information Management for the U.S. Army

5 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
10d1dc9ae3cdf5d0f2c5654b9f59539d.jpeg
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

COLUMBIA, Maryland, October 14, 2024–(BUSINESS FEED)–BigBear.ai (NYSE: BBAI) today announced that the U.S. Army has awarded the company a five-year, $165.15 million sole-source prime contract for Global Production Services Force Information Management (GFIM).

“This contract demonstrates our unwavering commitment to the Army’s digital transformation efforts through our deep mission expertise and use of cutting-edge technologies,” said Mandy Long, CEO of BigBear.ai. “We are honored that the Army has chosen us as its solutions development partner, and we look forward to advancing this critical mission together.”

Since 2021, BigBear.ai has been working with the Army to transform 15 existing systems into an enterprise-wide intelligent automation platform, supporting the Secretary of the Army’s vision for centric force management on the data. Building on contributions from Phases 1 and 2, this contract will support the continued development and transition of CJTF-OE capabilities into production.

“For several years, BigBear.ai has worked to support the Secretary of State’s goal of ensuring the Army embraces new technologies to become a more data-centric fighting force,” said Ryan Legge, president of national security at BigBear.ai. “As a leader in providing technical solutions, we are proud to continue and expand our partnership with G-3/5/7 and PEO-EIS to deliver this critical application.”

The primary requirement of this contract is to complete delivery of a dynamic, integrated, and interoperable global transactional force structure and employment data system for the force management community. This system will enable effective planning, programming and production of authoritative force structure data. Once completed, CJTF-OE will enable senior leaders and combatant commanders to make data-driven force structure decisions more quickly and with greater confidence, helping to ensure the Army has the manpower it needs , appropriate equipment, training and resources.

“The CJTF system will provide critical, authoritative force management data that will enable the Army to properly train, equip and staff our forces,” said Andy St. Laurent, CJTF capability management officer. American army. “Over the past nine months of development, our team has used the SAFe Agile framework to work together and moved closer to realizing GFIM-OE.

About BigBear.ai

BigBear.ai is a leading provider of AI-powered business intelligence solutions for national security, digital identity and supply chain management. Customers and partners rely on BigBear.ai’s artificial intelligence and predictive analytics capabilities in highly complex, distributed, and mission-based operating environments. Headquartered in Columbia, Maryland, BigBear.ai is a public company listed on the NYSE under the symbol BBAI. For more information, visit https://bigbear.ai and follow BigBear.ai on LinkedIn: @BigBear.ai.

Forward-looking statements

This press release contains “forward-looking statements.” Such statements include, but are not limited to, statements regarding the intended use of the proceeds of the private placement and may be preceded by the words “intends”, “may”, “will”, “plans”, “expects”, “anticipates”. , “”projects”, “predicts”, “estimates”, “aims”, “believes”, “hopes”, “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified and, therefore, actual results may differ materially from those expressed or implied by such statements. Forward-looking statements These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, commercial, financial, political and legal conditions; including on a sector basis); risks relating to delays caused by factors beyond our control, including changes in tax or contractual policies or decreases in available government funding; changes in government programs or applicable requirements; budgetary constraints, including automatic reductions resulting from “sequestration” or similar measures and constraints imposed by any lapse in appropriations for the federal government or certain of its departments and agencies; influence or competition from third parties with respect to current, new or existing contracts with government customers; our ability to successfully compete and receive task orders and generate revenue under indefinite delivery/indefinite quantity contracts; potential delays or changes in government appropriations or procurement processes, including as a result of events such as wars, terrorist incidents, natural disasters and public health problems or epidemics; and increased or unexpected costs or delays caused by other factors beyond our control, such as performance failures of our subcontractors; risks related to the deployment of the activity and the timing of expected commercial milestones; the effects of competition on our future operations; our ability to issue stock or stock-related securities in the future, and factors discussed in the Company’s reports and other filings with the SEC, including under the heading “Risk Factors.” More detailed information about the Company and the risk factors that may affect the realization of the forward-looking statements is set forth in the Company’s filings with the SEC, including the Company’s Annual Report on Form 10-K and its Quarterly Reports. on Form 10-Q. . Investors and security holders are encouraged to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company undertakes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241014237345/en/

Contacts

General/Sales: info@bigbear.ai
Investors: investors@bigbear.ai
Media: media@bigbear.ai

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Anthropic introduces Claude Opus 4.6 as artificial intelligence advances towards ambient working.

February 6, 2026

How Alphabet Utilizes AI Agents to Enhance Financial Revenue

February 6, 2026

FactSet employs generic AI under the brand name Fluent in Finance.

February 5, 2026
Leave A Reply Cancel Reply

Latest news

Anthropic introduces Claude Opus 4.6 as artificial intelligence advances towards ambient working.

February 6, 2026

How Alphabet Utilizes AI Agents to Enhance Financial Revenue

February 6, 2026

FactSet employs generic AI under the brand name Fluent in Finance.

February 5, 2026
News
  • AI in Finance (2,085)
  • Breaking News (189)
  • Corporate Acquisitions (79)
  • Industry Trends (231)
  • Jobs Market News (333)
  • Market Insights (231)
  • Market Rumors (302)
  • Regulatory Updates (200)
  • Startup News (1,312)
  • Technology Innovations (202)
  • uncategorized (1)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (2,085)
  • Breaking News (189)
  • Corporate Acquisitions (79)
  • Industry Trends (231)
  • Jobs Market News (333)
  • Market Insights (231)
  • Market Rumors (302)
  • Regulatory Updates (200)
  • Startup News (1,312)
  • Technology Innovations (202)
  • uncategorized (1)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2026 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.