:

Business/Financial

AEI Merges Portfolio Companies NuWave, PCI To Scale-Up Data Analytics Platform

By Cal Biesecker

Tuesday, February 2nd, 2021

SHARE:

AEI Merges Portfolio Companies NuWave, PCI To Scale-Up Data Analytics Platform

Dr.Reggie Brothers, CEO of BigBear.ai. Photo: BigBear.ai

The private equity firm AE Industrial Partners (AEI) on Tuesday said it has merged two of its data analytics and advanced information technology portfolio companies, NuWave Solutions and PCI Strategic Management, and renamed the scaled-up entity BigBear.ai, which it calls a leader in “decision dominance” solutions. BigBear.ai, which has more than 550 employees, is led by CEO Reggie Brothers, who was NuWave’s CEO, and Vice Chairman and Chief Strategy Officer Sean Battle, who was PCI’s co-founder and CEO. The company…

Congress

House Appropriators ‘Concerned’ With JLTV A2 Delays, Shift Funds For Marines’ Second Supplier Effort

House appropriators have said they’re “seriously concerned” with Joint Light Tactical Vehicle (JLTV) A2 delays, as their fiscal year 2027 defense spending bill shifts funds to support the Marine Corps’ […]

Budget

House Appropriators Uncertain Navy Will Award F/A-XX Contract By August

House appropriators said they are skeptical the Defense Department will award the engineering and manufacturing development (EMD) contract for the Navy’s F/A-XX next-generation carrier-based fighter program by the most recent […]

Congress

House Appropriators Approve $1.07 Trillion FY ‘27 Defense Bill Amid Reconciliation Uncertainty

The House Appropriations Committee has approved its $1.07 trillion fiscal year 2027 defense spending bill, advancing a bill with a historic topline while uncertainty lingers over Congress’ next step to […]

Budget

House Appropriators Add Restrictions And Reporting Requirement To Battleship, Reject Cut

The chairman’s mark of the House Appropriations Committee’s (HAC) fiscal year 2027 defense appropriations bill funds the administration’s $1 billion request for the BBG(X) Trump-class battleship, but adds restrictions requiring […]