Balance Sheet ImprovementsRecent balance sheet improvements provide flexibility and could allow the business to pursue accretive M&A, accelerating revenue growth and timeline to more consistent profitability.
Contract WinsBigBear announced that it was awarded a $165 million, 5-year contract for the U.S. Army Global Force Information Management Production Services.
PartnershipsBigBear’s partnership with L3Harris as the exclusive provider of computer vision, predictive analytics, and event alerting analytics applications for L3Harris’s autonomous surface vessels remains a positive.