Mentioned:
No items found.
No items found.
No items found.
The United States Federal Aviation Administration is making a push to take their technology infrastructure to the next level. And they’ve brought in a publicly traded company focused on artificial intelligence to do it.
What’s happening:
- BigBear.ai (NASDAQ: BBAI) has announced they have been selected to be a part of a new multi billion dollar deal with the United States Federal Aviation Administration to significantly upgrade their information technology
The big idea:
- BigBear.ai will provide artificial intelligence technology that is capable of meaningfully upgrading the Federal Aviation Authority’s capabilities in national security and aviation safety
- Concept Solutions is leading the new project focused on bringing more modern technology infrastructure to the Federal Aviation Administration and will collaborate closely with BigBear.ai to leverage their innovative artificial intelligence models to reshape the underlying technology of the Federal Aviation Administration
By the numbers:
- The total size of the contract from the Federal Aviation Administration is $2.4B USD
- So far, over 12 companies have been selected to help accelerate technology advancements over the next 10 years
Going deeper:
- BigBear.ai previously announced a partnership with the Heathrow Airport in London to leverage their digital identity technology for threat detection and rapid screening for safety issues
