Aerospace Group:

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…

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

Congress

Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]

Army

Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]