Friday, April 19, 2024 | Baltimore, MD
FOLLOW US:

Columbia’s BigBear.ai wins $14.8M U.S. Army contract, shakes up C-suite

October 4, 2022

A Columbia artificial intelligence company has won a $14.8 million contract with the U.S. Army just weeks after a major shakeup of its C-suite and just over a month after it laid off 7% of its staff due to financial difficulties. BigBear.ai will work with Denver-based Palantir Technologies to replace aging, out-of-date systems with an automated platform to provide data for up to 160,000 Army users and allow them to make decisions more efficiently. BigBear.ai specializes in the government, manufacturing and health care sectors, and previously worked with the U.S Army in 2021.

Article Source: Baltimore Business Journal

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.