BigBear.ai Awarded $14.8 Million U.S. Army Global Force Information Management System Contract
BigBear.ai, Inc. (BBAI)
Company Research
Source: Business Wire
BigBear.ai will transform 14 legacy systems into a single intelligent automation platform providing real-time insights to Army senior leadership and combatant commanders COLUMBIA, Md.--(BUSINESS WIRE)--BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and cyber engineering solutions, today announced that the United States Army has selected the Company as the sole source prime contractor for implementing the Global Force Information Management (GFIM) system in a 9-month contract valued at $14.8 million. The award builds on BigBear.ai's previous work and successful delivery of the prototype platform developed during Phase 1 of the GFIM project.Under the terms of the sole-source contract, Palantir Technologies (NYSE: PLTR) will join the BigBear.ai team as a leading partner in implementing an enterprise-wide intelligent automation platform that provides the Army with a holistic view of its global force structure. The system empowers senior leaders and combatant commanders to ma
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- 4/2/24 - Form 4
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