BigBear.ai Lands $225M+ in Federal AI Contracts, Adding FBI, Coast Guard and Combatant Commands
BBAI is trading near its 52-week low of $2.28 (1.3% below the low).
Summary
BigBear.ai announced more than $225 million in total contract value since July across homeland security, defense, intelligence and federal civilian agencies. The awards include over 25 new generative AI contracts with the FBI, NASA, U.S. Coast Guard, Department of Energy and Department of Veterans Affairs, plus new work with U.S. Central Command and U.S. Southern Command. The company also retained two significant CBP recompetes. This is a material expansion of its federal footprint and backlog, which stood at approximately $270 million as of June 30, 2026. The announcement follows a $268 million ATM program launched in July and comes as the stock trades near its 52-week low, making the contract wins a key positive catalyst for revenue visibility.
At the time of this announcement, BBAI was trading at $2.25 on NYSE in the Technology sector, with a market capitalization of approximately $1.1B. The 52-week trading range was $2.28 to $9.39. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.