:

Advanced / Transformational Technology

Data Analytics Company BigBear.ai Going Public, Plans Commercial Expansion

By Cal Biesecker

Monday, June 7th, 2021

SHARE:

Data Analytics Company BigBear.ai Going Public, Plans Commercial Expansion

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

BigBear.ai, a cyber and data analytics company cobbled together through several acquisitions last year by a private equity firm, is going public this year and is valued at nearly $1.6 billion. BigBear.ai, which is a portfolio company of AE Industrial Partners (AEI), as entered into a merger agreement with the special purpose acquisition company (SPAC) GigCapital4 [GIGGU], which will result in BigBear.ai becoming a publicly traded company. The deal is expected to close during the third quarter, at which time…

Congress

Senior GOP HASC Members Wittman, Turner Ousted Amid Dems’ Blue Wave

Two senior Republicans on the House Armed Services Committee, including a potential frontrunner for the panel’s top GOP role, have officially lost their reelection bids. Reps. Rob Wittman (R-Va.) and […]

Congress

Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Democrats’ sweeping victories in Tuesday’s midterms, taking back control of the House and Senate, are set to reshape key spots atop defense committees, to include House Armed Services panels and […]

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]