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C3 AI Announces First Orders In MDA Agreement

C3 AI Announces First Orders In MDA Agreement
Missile Defense Agency logo.

Enterprise artificial intelligence (AI) software company C3 AI said on Tuesday it received the first three orders in a potential $500 million Other Transaction Agreement (OTA) production contract with the Missile Defense Agency (MDA). In December 2021, the company said it established a five-year OTA agreement with the Defense Department with an “accelerated timeline” to acquire the company’s suite of Enterprise AI products and allows any agency to acquire the products and services for modeling and simulation. Now the company…

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