AI-powered decision intelligence solutions provider BigBear.ai Holdings, Inc. (BBAI) Monday announced that it has received a 5-year production contract valued at $165 million to deliver the U.S. Army's Global Force Information Management - Objective Environment.
Since 2021, BigBear.ai has been working with the Army to transform 15 legacy systems into an enterprise-wide intelligent automation platform, supporting the Secretary of the Army's vision for data-centric force management. Building on the contributions through Phase 1 and Phase 2, this contract will support the continued development and transition of GFIM-OE capabilities to production.
The contract is to complete the delivery of a dynamic, integrated, and interoperable transactional global force structure and employment data system.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.