Sunday, November 8, 2026
TGOs

The business of defense

Get the Weekly

Company

BigBear.ai Holdings, Inc.

BigBear.ai provides decision intelligence software and services for supply chains, enterprise operations, autonomous systems and cybersecurity. ↗

HeadquartersMclean, VA ↗
Founded1988 ↗
Revenue$128 million (fiscal 2025) ↗
Department of War obligations$10 million in prime contracts since fiscal 2022 ↗
SharesBBAI, BBAI-WT ↗

Products

  • Arcas is BigBear.ai's computer vision product for situational awareness. ↗
  • Observe is BigBear.ai's data collection and curation product. ↗
  • ProModel is BigBear.ai's modeling and simulation software. ↗
  • BigBear.ai sells a multi-model generative AI workspace built for security-focused missions. ↗
  • BigBear.ai offers AI orchestration and sensor fusion that manages AI models and data from distributed sensors for edge systems. ↗
  • BigBear.ai offers facial recognition and biometric matching for identity authentication, verification and access control. ↗
  • BigBear.ai offers digital twin modeling and simulation for rapid course-of-action analysis. ↗

Customers

  • BigBear.ai supplies defense intelligence, open-source intelligence and foundational military intelligence solutions to the U.S. Intelligence Community and Combatant Commands. ↗
  • Government buyers can acquire BigBear.ai through the GSA OASIS+ contract vehicle. ↗

Deals since 2020

Jan 202616

BigBear.ai Holdings buys CargoSeer

An Israel-based leader in unified AI decision support technology for customs and border operations (an acquisition of certain assets and liabilities).

IT and government servicesSource
$5 millionClosed Jan 16, 2026
Nov 202510

BigBear.ai Holdings buys Ask Sage

A secure, multi-modal generative AI platform designed for government and enterprise use.

IT and government servicescyberintelligence communitySource
$272 millionClosed Dec 31, 2025
Nov 202304

BigBear.ai buys Pangiam

Seller: Pangiam Ultimate Holdings · Backed by AE Industrial Partners, LP

a company focused on vision AI for the global trade, travel, and digital identity industries

IT and government servicesautonomy and dronesintelligence communitySource
$70 millionClosed Feb 29, 2024
Apr 202207

BigBear.ai buys ProModel

Backed by AE Industrial Partners

a company focused on simulation-based predictive and prescriptive analytic software for process improvement

IT and government servicesshipbuilding and maritimetraining and simulationSource
$16 millionClosed Apr 7, 2022
Jun 202104

BigBear.ai goes public through GigCapital4

Seller: BBAI Ultimate Holdings · Backed by AE Industrial Partners

A company focused on the use of artificial intelligence and machine learning for decision support; at the time its businesses included NuWave, PCI, Open Solutions and ProModel.

IT and government servicescyberintelligence communitySource
$1.31 billionClosed Dec 7, 2021
Dec 202021

BigBear.ai buys ProModel Government Services

Seller: ProModel Government Solutions · Backed by AE Industrial Partners Fund II, LP

A provider of mission critical predictive and prescriptive analytics software solutions for decision support to the DoD and U.S. Government.

IT and government servicestraining and simulationSource
UndisclosedClosed Dec 21, 2020
Jun 202022

BigBear.ai buys NuWave Solutions

Backed by AE Industrial Partners Fund II, LP

A provider of data management, advanced analytics, artificial intelligence, machine learning, and cloud solutions to the Federal Government.

IT and government servicesintelligence communitySource
UndisclosedClosed Jun 19, 2020

The deal tracker