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Stock impact report

Why BigBear.ai Stock Rallied Monday Morning [Yahoo! Finance]

BigBear.ai, Inc. (BBAI) 
Company Research Source: Yahoo! Finance
ET, the stock was still up 13.1%. The catalyst that sent the artificial intelligence (AI) specialist higher was word the company had scored a big contract. The U.S. Army's digital transformation In a press release Monday morning, BearBear announced a new five-year $165.2 million contract to produce a next-generation data system for the U.S. Army. According to the announcement, the system will provide ground troops with the ability to make data-driven decisions "more quickly and with greater confidence." The system, called Global Force Information Management, represents the next step in the Army's digital transformation efforts, replacing 15 legacy systems with what the company calls "enterprisewide intelligent automation platform, supporting the Secretary of the Army's vision for data-centric force management." This represents a continuation of BigBear's work for the Army, which has been ongoing for several years. Does this make BigBear.ai stock a buy? As longtime invest Show less Read more
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