AI Index / BigBear.ai Holdings, Inc.
BigBear.ai Holdings, Inc. (BBAI)
Main revenue sources: 1) National security contracts (IC, DoD/DHS) for mission-ready AI analytics and generative AI platforms (Ask Sage) — AI contributes directly. 2) Trade and travel solutions at airports (Veriskan, TruPaste) for screening/identity — AI contributes directly. 3) Manufacturing/shipbuilding simulation and digital twins (ProModel, Shipyard AI) — AI/predictive analytics contribute directly. 4) CargoSphere non-intrusive inspection and fraud detection for customs — AI contributes directly. Mix is shifting from services to AI platforms, with GenAI products lifting margins and revenue.
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On our last earnings call, I underscored that the BigBear.ai Holdings, Inc. growth strategy builds upon our strengths as a specialized defense and security technology company delivering mission-ready AI.
- Kevin McAleenan
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Quotes from bigbearai Executives About Artificial Intelligence and Generative AI
We have also won new generative AI platform contracts with NASA, the Army’s Intelligence and Security Command in Virginia, and the Naval Research Lab, who are now using SH.
- Kevin McAleenan
Providing them with secure access to the latest generative AI models and agentic tools will support their critical missions.
- Kevin McAleenan
From a business perspective, new assays customers also contribute to a continued shift in revenue mix from services to technology contracts.
- Kevin McAleenan
I believe strongly that the nature of threats from homeland to the edge is morphing at a pace that outstrips traditional planning, procurement, and problem-solving structures. This threat-system asymmetry—the mismatch between the pace and complexity of modern threats and the rigidity of the systems designed to counter them—is critically important.
- Kevin McAleenan
Advanced AI capabilities are already being used by our adversaries in combat zones and by criminal networks at home and abroad.
- Kevin McAleenan
I believe that the United States must be peerless in developing, deploying, and countering advanced AI threats.
- Kevin McAleenan
Platform-agnostic generative AI that gives customers flexibility to use hundreds of models in secure environments without data leakage or vendor lock-in, as well as non-intrusive inspections supported by AI analysis, continue to be technology platforms at the forefront of government and commercial procurement agendas.
- Kevin McAleenan
I am really pleased to see this progress, and I am looking forward to sharing additional news about product and platform extensions from our GenAI team in the coming quarters.
- Kevin McAleenan