BigBear.ai Secures 10-Year Multiple Award $900 Million IDIQ Contract with the U.S. Air Force
January 12 2023 - 08:00AM
Business Wire
The Company Will Compete for Task Orders
Supporting the Air Force Life Cycle Management Center Architectures
and Integration Directorate to Drive Innovation and Development of
Multi-Domain Systems
BigBear.ai (NYSE: BBAI), a leader in AI-powered analytics and
cyber engineering solutions, today announced 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. The Air Force Life Cycle Management Center (AFLCMC)
Architectures and Integration Directorate expects the work on
awarded task orders to be completed by 2032.
Under the terms of the contract, BigBear.ai can also compete for
task orders supporting the research and development of new
technologies, creation of rapid prototypes, capability testing, and
solution implementation.
"BigBear.ai understands the importance in bringing cutting-edge
and resilient solutions to each mission and we are honored to be
selected for this opportunity,” said Tony Barrett, President and
General Manager of Federal Markets at BigBear.ai. “This contract
will allow us to continue our long-term partnership with the U.S.
Air Force and support as a prime contractor in future
opportunities.”
About BigBear.ai
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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version on businesswire.com: https://www.businesswire.com/news/home/20230112005289/en/
BigBear.ai Tyler Sigmon 443-430-2622 media@bigbear.ai
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