BigBear.ai Inks 10-Year Multiple Award $900 Million IDIQ Contract With US Air Force

RTTNews | 844 days ago
BigBear.ai Inks 10-Year Multiple Award $900 Million IDIQ Contract With US Air Force

(RTTNews) - BigBear.ai Holdings, Inc. (BBAI), a provider of AI-powered analytics and cyber engineering solutions, announced Thursday it has been awarded a multiple award $900 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract by the U.S. Air Force.

The contract vehicle allows BigBear.ai to compete for task orders delivering capabilities, systems, and synthetic environments to the Air Force as a prime contractor. It can also compete for task orders supporting the research and development of new technologies, creation of rapid prototypes, capability testing, and solution implementation.

The Air Force Life Cycle Management Center (AFLCMC) Architectures and Integration Directorate expects the work on awarded task orders to be completed by 2032.

BigBear.ai said this contract will allow it to continue its long-term partnership with the U.S. Air Force and support as a prime contractor in future opportunities.

BigBear.ai delivers AI-powered analytics and cyber engineering solutions to support mission-critical operations and decision-making in complex, real-world environments.

read more
China Shares May Return To The Downside

China Shares May Return To The Downside

Ahead of the long holiday weekend, the China stock market had finished lower in four straight sessions, sliding more than 20 points or 0.7 percent along the way. The Shanghai Composite Index now sits just beneath the 3,280-point plateau and it may open under pressure again on Tuesday.
RTTNews | 6 minutes ago
Continued Consolidation Called For Taiwan Stock Market

Continued Consolidation Called For Taiwan Stock Market

The Taiwan stock market on Monday snapped the five-day winning streak in which it had surged more than 1,300 points or 6.4 percent. The Taiwan Stock Exchange now sits just above the 20,530-point plateau and it may take further damage on Tuesday.
RTTNews | 36 minutes ago
Rally May Stall For Singapore Stock Market

Rally May Stall For Singapore Stock Market

The Singapore stock market has moved higher in three straight sessions, advancing almost 50 points or 1.3 percent along the way. The Straits Times Index now sits just above the 3,850-point plateau although it may run out of steam on Tuesday.
RTTNews | 1h 6min ago
Malaysia Bourse May Extend Monday's Losses

Malaysia Bourse May Extend Monday's Losses

The Malaysia stock market on Monday snapped the two-day winning streak in which it had collected more than 25 points or 1.6 percent. The Kuala Lumpur Composite Index now sits just beneath the 1,540-point plateau and the losses may accelerate on Tuesday.
RTTNews | 1h 36min ago
Pound Weakens In Cautious Trade

Pound Weakens In Cautious Trade

The pound dropped against its most major counterparts in the New York session on Monday amid renewed trade concerns, as President Donald Trump announced plans to impose a 100 percent tariff on movies produced in foreign countries.
RTTNews | 6h 22min ago
Swiss Market Ends Marginally Down After Choppy Session

Swiss Market Ends Marginally Down After Choppy Session

Despite staying positive for much of the day's trading session, the Switzerland market closed slightly weak on Monday with a few stocks turning weak past mid afternoon, as investors turned cautious amid a lack of prominent triggers.
RTTNews | 7h 4min ago
European Stocks Closed Mixed After Cautious Session

European Stocks Closed Mixed After Cautious Session

European stocks turned in a mixed performance on Monday with investors closely following developments on the trade front, and continuing to react to quarterly earnings updates from big name European companies.
RTTNews | 7h 28min ago