BigBear.ai deploys AI-powered cargo security platform in Panama
PTG, Panama's largest logistics operator, signed a commercial agreement to deploy the solution, enhancing supply chain transparency.
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In short: BigBear.ai strengthened its logistics and security portfolio through strategic acquisitions, key contract wins, and expanded AI approvals.
PTG, Panama's largest logistics operator, signed a commercial agreement to deploy the solution, enhancing supply chain transparency.
Revenue was $34.4 million, backlog increased to $281.9 million, and gross margin expanded to 34.0% from 21.3% year-over-year.
The new executives bring over 25 years of experience each in federal contracting and communications, with Bjornson previously at V2X and Thompson at Edelman.
Revenue decreased 38% to $27.3M; projects 2026 revenue of $135M-$165M.
BBAI has pulled back sharply as investors weigh AI growth opportunities against slower revenue growth and ongoing profitability challenges.
BigBear.ai's Q1 revenue remained nearly flat, while operating losses, adjusted EBITDA, and operating cash burn worsened. Ask Sage improved gross margin and could support a...
BigBear.ai (NYSE: BBAI), a specialized defense and security technology company providing mission-ready AI, today announced that Pangiam Threat Detection has received Dutch national approval ...
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