BigBear.ai (NYSE: BBAI) completed its purchase of fellow artificial intelligence company Pangiam Intermediate Holdings for an estimated $70 million in stock. Pangiam CEO Kevin McAleenan and two-time Wash100 inductee will become president of the combined company, which will leverage BigBear.ai’s capabilities in predictive analytics and computer...
Artificial intelligence company BigBear.ai (NYSE: BBAI) has agreed to acquire vision AI technology provider Pangiam Intermediate Holdings in an all-stock transaction valued at approximately $70 million. Columbia, Maryland-based BigBear.ai said Monday it expects the deal to close in the first quarter of calendar year 2024 and expand its portfolio of ...
Artificial intelligence company BigBear.ai (NYSE: BBAI) posted a 2 percent year-over-year revenue increase for the second quarter of 2023 and booked two key contracts from the U.S. Army during the quarter. Sales in the April-June period totaled $38.5 million, compared to $37.6 million a year earlier, while backlog as of June 30 stood at $206...
Artificial intelligence is currently experiencing a major peak in the commercial world with the skyrocketing popularity of generative AI tools in recent months, which is causing a ripple effect with implications in the public sector too. Mandy Long, the new CEO of BigBear.ai, delved into the present state of the AI market, where she thinks it...
Greg Goldwater, vice president of strategic growth at BigBear.ai (NYSE: BBAI) for the past two years, has been elevated to the chief growth officer post. Greg Goldwater Goldwater will be responsible for BigBear’s growth and partnership initiatives in his new role, the artificial intelligence company said Tuesday. His 19-year industry experienc...
BigBear.ai (NYSE: BBAI) reported $40.7 million in revenue during the third quarter of fiscal 2022 and saw its Q3 analytics revenue rise 8 percent driven by the award of a U.S. Army contract for the implementation of the Global Force Information Management system. The Columbia, Maryland-based technology company said Wednesday it ended the quarter wit...
Reggie Brothers, former CEO of BigBear.ai (NYSE: BBAI) and two-time Wash100 Award winner, has been named an operating partner at AE Industrial Partners. “I know firsthand the value that AEI’s operational support and strategic vision adds to its portfolio companies, and I am excited to have the opportunity to leverage my technology and defense ba...
BigBear.ai (NYSE: BBAI) has promoted Tony Barrett, who most recently led the company’s cyber and engineering sector, to president and general manager of federal markets in a series of senior executive appointments to its management team. Barrett will oversee the Columbia, Maryland-based firm’s consulting, analytics, cyber and other digit...
Reggie Brothers, CEO of BigBear.ai and a key member of Executive Mosaic’s GovCon Expert program, was presented with his second consecutive Wash100 Award, the most coveted award in all of government contracting (GovCon), by Executive Mosaic CEO Jim Garrettson. “Dr. Reggie Brothers fits into an elite group of CEOs that lead not only with a cha...
Executive Mosaic is honored to present Reginald “Reggie” Brothers, CEO of BigBear.ai, as a recipient of the 2022 Wash100 Award, which annually recognizes the top 100 “executives of consequence” for their impact, innovation, vision and achievements within the government contracting community and across the federal landscape. Brothers, a Go...
