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BigBear.ai Secures $53 Million Intelligence Contract Despite After-Hours Stock Decline.

May 07, 2026

Contract Type

contract

McleanInformation TechnologySoftwareArtificial IntelligenceFinanceCyber SecurityFintechAnalyticsMachine Learning

Description

BigBear.ai has been awarded a classified contract with a US intelligence customer, valued at up to $53 million over two years. This contract is expected to significantly contribute to the company's backlog, which has grown by 14% to reach $281.9 million.

Company Information

Company

BigBear.ai

Location

Mclean, Virginia, United States

About

BigBear.ai delivers AI-powered analytics and cyber engineering solutions to support mission-critical operations and decision-making in complex, real-world environments. BigBear.ai’s customers, which include the US Intelligence Community, as well as customers in manufacturing, logistics, commercial space, and other sectors, rely on BigBear.ai’s solutions to see and shape their world through reliable, predictive insights and goal-oriented advice. Headquartered in Columbia, Maryland, BigBear.ai has additional locations in Virginia and Michigan. For more information, please visit: https://bigbear.ai/ and follow BigBear.ai on Twitter: @BigBearai.

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