Latest news with #KevinMcAleenan
Yahoo
a day ago
- Business
- Yahoo
BigBear.ai (BBAI) Is Going International—New AI Project Sparks Wall Street Buzz
Holdings, Inc. (NYSE:) is one of the 15 AI Stocks Making Waves on Wall Street. On June 11, the company announced a strategic partnership with Easy Lease PJSC, UAE's leading provider of integrated mobility solutions, and Vigilix Technology Investment L.L.C, a specialist in technology investments and advisory services. Through this partnership, the UAE and the broader region will undergo digital transformation through the acceleration, development, and deployment of innovative AI-enabled solutions. The three companies will leverage their expertise in AI, operations, and strategic advisory services to develop advanced technologies for the region's high-growth industries. The leading collaboration is which will focus on developing and integrating advanced AI tools. Meanwhile, Easy Lease will be responsible for providing its operational leadership and market reach, and Vigilix will provide regional insights for successful market impact. 'This partnership is both a privilege and a milestone for It is a powerful endorsement of our technology and values. This project also marks a major first step in our international expansion. Together with Easy Lease and Vigilix, we are committed to advancing the UAE's AI capabilities, delivering mission-critical systems that enhance safety, mobility, and operational effectiveness across the region.' -Kevin McAleenan, CEO of Holdings, Inc. (NYSE:BBAI) is an artificial intelligence specialist that provides decision intelligence solutions for national security, digital identity, supply chain and logistics, enterprise operations, and manned-unmanned teaming in autonomous systems. While we acknowledge the potential of BBAI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Yahoo
3 days ago
- Business
- Yahoo
BigBear.ai, Easy Lease, and Vigilix Announce Strategic Partnership in the UAE
Partnership combines global AI expertise, regional insight, and operational scale to deliver applied solutions. Focuses on research, development, and real-world deployment of intelligent technologies. Supports the UAE's innovation agenda through practical AI deployment and R&D initiatives. MCLEAN, Va., June 11, 2025--(BUSINESS WIRE)-- (NYSE: BBAI), a leading provider of mission-ready Artificial Intelligence (AI), today announced a strategic partnership with Easy Lease PJSC (ADX: EASYLEASE), the UAE's leading provider of integrated mobility solutions and a subsidiary of International Holding Company (ADX: IHC), and Vigilix Technology Investment L.L.C, a specialist in technology investments and advisory services. The partnership is set to accelerate the research, development, and deployment of innovative AI-enabled solutions that support digital transformation throughout the United Arab Emirates (UAE) and the broader region. "This partnership is both a privilege and a milestone for It is a powerful endorsement of our technology and values," said Kevin McAleenan, CEO of "This project also marks a major first step in our international expansion. Together with Easy Lease and Vigilix, we are committed to advancing the UAE's AI capabilities, delivering mission-critical systems that enhance safety, mobility, and operational effectiveness across the region." Ahmad Al Sadah, CEO of Easy Lease, said: "Our partnership with and Vigilix reflects a shared commitment to advancing AI-driven solutions that support digital transformation across multiple sectors. This collaboration brings together global expertise and local insight to deliver practical, scalable technologies that address real-world challenges. For Easy Lease, it is also a step forward in integrating intelligent systems into our operations, as we continue to evolve into a more technology-enabled, data-driven enterprise." As partners, Easy Lease, and Vigilix combine their respective strengths in AI, operations, and strategic advisory services to develop advanced technologies for the mobility, industrial, and other high-growth industries. The collaboration envisions as the primary technology and innovation arm, leading the development, integration, and localization of advanced AI tools and platforms tailored to the needs of the UAE. Easy Lease will leverage its operational leadership and market reach, and Vigilix will provide regional insight and strategic enablement to ensure successful market impact. This partnership underscores commitment to fostering enduring, mutually beneficial relationships in the UAE, founded on trust, respect, and a shared vision for a secure and prosperous future. About Headquartered in McLean, Virginia, combines advanced analytics, R&D, machine learning, and predictive modeling to support real-time decision-making in dynamic environments. is a public company traded on the NYSE under the symbol BBAI. For more information, visit and follow on LinkedIn: @ To receive email communications from register here. About Easy Lease Founded in 2011, Easy Lease is listed on the ADX Second Market under the ticker "Easy Lease" and operates as a capital subsidiary of International Holding Company (IHC). The company is a leading provider of integrated mobility and technology-driven solutions, catering to diverse sectors including e-commerce, delivery, logistics, asset management, and digital services. Easy Lease's fleet is one of the largest in the UAE market, comprising over 30,000 vehicles. The company is committed to expanding its presence across the GCC and MENA region, with a strong focus on R&D, innovation, and efficiency. Easy Lease offers flexible leasing solutions, invests in cutting-edge AI and digital platforms, and remains at the forefront of the industry's transformation. About IHC Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world's largest investment firms, with a market capitalization of AED 879.6 billion (USD 239.3 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more. IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks, and creating results that are often much greater than the sum of their parts. At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment. About Vigilix Based in the UAE, Vigilix Technology Investment L.L.C. is a leading technology investment and strategic advisory firm focused on accelerating innovation across the region's digital economy. Vigilix specializes in identifying, nurturing, and scaling high-potential technology ventures that address the evolving needs of both public and private sectors. With deep regional insight and a commitment to driving digital transformation, Vigilix serves as a trusted partner for global technology leaders and local enterprises alike, providing strategic guidance, market entry support, and operational enablement. Vigilix's expertise spans artificial intelligence, smart infrastructure, mobility, and emerging technologies, positioning it as a catalyst for sustainable growth and innovation in the Middle East. View source version on Contacts
Business Wire
3 days ago
- Business
- Business Wire
BigBear.ai, Easy Lease, and Vigilix Announce Strategic Partnership in the UAE
MCLEAN, Va.--(BUSINESS WIRE)-- (NYSE: BBAI), a leading provider of mission-ready Artificial Intelligence (AI), today announced a strategic partnership with Easy Lease PJSC (ADX: EASYLEASE), the UAE's leading provider of integrated mobility solutions and a subsidiary of International Holding Company (ADX: IHC), and Vigilix Technology Investment L.L.C, a specialist in technology investments and advisory services. The partnership is set to accelerate the research, development, and deployment of innovative AI-enabled solutions that support digital transformation throughout the United Arab Emirates (UAE) and the broader region. Easy Lease, and Vigilix combine their respective strengths in AI, operations, and strategic advisory services to develop advanced technologies for the mobility, industrial, and other high-growth industries. Share 'This partnership is both a privilege and a milestone for It is a powerful endorsement of our technology and values,' said Kevin McAleenan, CEO of 'This project also marks a major first step in our international expansion. Together with Easy Lease and Vigilix, we are committed to advancing the UAE's AI capabilities, delivering mission-critical systems that enhance safety, mobility, and operational effectiveness across the region.' Ahmad Al Sadah, CEO of Easy Lease, said: 'Our partnership with and Vigilix reflects a shared commitment to advancing AI-driven solutions that support digital transformation across multiple sectors. This collaboration brings together global expertise and local insight to deliver practical, scalable technologies that address real-world challenges. For Easy Lease, it is also a step forward in integrating intelligent systems into our operations, as we continue to evolve into a more technology-enabled, data-driven enterprise.' As partners, Easy Lease, and Vigilix combine their respective strengths in AI, operations, and strategic advisory services to develop advanced technologies for the mobility, industrial, and other high-growth industries. The collaboration envisions as the primary technology and innovation arm, leading the development, integration, and localization of advanced AI tools and platforms tailored to the needs of the UAE. Easy Lease will leverage its operational leadership and market reach, and Vigilix will provide regional insight and strategic enablement to ensure successful market impact. This partnership underscores commitment to fostering enduring, mutually beneficial relationships in the UAE, founded on trust, respect, and a shared vision for a secure and prosperous future. About Headquartered in McLean, Virginia, combines advanced analytics, R&D, machine learning, and predictive modeling to support real-time decision-making in dynamic environments. is a public company traded on the NYSE under the symbol BBAI. For more information, visit and follow on LinkedIn: @ To receive email communications from register here. About Easy Lease Founded in 2011, Easy Lease is listed on the ADX Second Market under the ticker "Easy Lease" and operates as a capital subsidiary of International Holding Company (IHC). The company is a leading provider of integrated mobility and technology-driven solutions, catering to diverse sectors including e-commerce, delivery, logistics, asset management, and digital services. Easy Lease's fleet is one of the largest in the UAE market, comprising over 30,000 vehicles. The company is committed to expanding its presence across the GCC and MENA region, with a strong focus on R&D, innovation, and efficiency. Easy Lease offers flexible leasing solutions, invests in cutting-edge AI and digital platforms, and remains at the forefront of the industry's transformation. About IHC Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world's largest investment firms, with a market capitalization of AED 879.6 billion (USD 239.3 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more. IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks, and creating results that are often much greater than the sum of their parts. At IHC, we take our responsibility to shareholders, customers, and employees seriously. Our commitment to responsible investment ensures that we create sustainable value by staying connected to the communities we serve, making a positive difference with every investment. About Vigilix Based in the UAE, Vigilix Technology Investment L.L.C. is a leading technology investment and strategic advisory firm focused on accelerating innovation across the region's digital economy. Vigilix specializes in identifying, nurturing, and scaling high-potential technology ventures that address the evolving needs of both public and private sectors. With deep regional insight and a commitment to driving digital transformation, Vigilix serves as a trusted partner for global technology leaders and local enterprises alike, providing strategic guidance, market entry support, and operational enablement. Vigilix's expertise spans artificial intelligence, smart infrastructure, mobility, and emerging technologies, positioning it as a catalyst for sustainable growth and innovation in the Middle East.
Business Wire
4 days ago
- Business
- Business Wire
BigBear.ai Joins Forces with Analogic to Transform Airport Threat Detection
MCLEAN, Va.--(BUSINESS WIRE)-- (NYSE: BBAI), a leading provider of AI-powered decision intelligence solutions for national security, travel, and trade, today announced its collaboration with Analogic, a global innovator in aviation security systems. Together, the companies have integrated advanced computer vision screening capabilities with Analogic's cutting-edge Computed Tomograph (CT) scanner technology to enhance threat detection and streamline airports' security operations worldwide. Pangiam® Threat Detection's open architecture design allows integration with third-party hardware, software, and algorithms to provide flexibility and expand capabilities across airport security. At the heart of this collaboration is Pangiam ® Threat Detection and Decision Support Platform, formerly known as 'Project Dartmouth,' which supports airport security teams with real-time, AI-driven threat detection insights. Pangiam ® Threat Detection's open architecture design allows integration with third-party hardware, software, and algorithms to provide flexibility and expand capabilities across airport security. ' looks forward to joining forces with Analogic to elevate security standards and enhance traveler experiences across critical transportation hubs around the globe,' said Kevin McAleenan, CEO of 'As security threats evolve, adopting open architecture solutions is crucial to accelerate the deployment of advanced screening technologies and giving customers the freedom to choose the best tools for their missions.' 'Analogic is proud to collaborate with to offer our customers greater flexibility and choice when designing world-class security systems,' said Tom Ripp, CEO of Analogic. 'By embracing open architecture and partnering with leaders in AI such as we are building out the next generation of aviation security.' Analogic's ConneCT TM Checkpoint Security System is an advanced aviation security Explosive Detection System (EDS) engineered to deliver superior threat detection, while maximizing passenger throughput, and minimizing operational costs. The integration of Pangiam ® Threat Detection with ConneCT will deliver real-time insights to airport security professionals, resulting in smarter and more adaptable screening operations. To learn more about computer vision and screening products, visit To learn more about Analogic's aviation security systems, visit About is a leading provider of AI-powered decision intelligence solutions and services for national security, defense, travel and trade, manufacturing and supply chains. Customers and partners rely on artificial intelligence and predictive analytics capabilities in highly complex, distributed, mission-based operating environments. Headquartered in McLean, Virginia, is a public company traded on the NYSE under the symbol BBAI. For more information, visit and follow on LinkedIn: @ To receive email communications from register here. Pangiam ® Threat Detection is a registered trademark of About Analogic Analogic Corporation, headquartered in Peabody, MA, is a global leader in design, development manufacturing, and support of technically advanced and cost-effective imaging & detection and power & automation solutions for security, healthcare, and other high-end industrial markets. Analogic has been an innovation leader in the field of computed tomography for over 40 years, with over 3,000 CT systems and gantries deployed worldwide through direct contracts with US TSA and international airports, as well as its Original Equipment Manufacturer (OEM) security partners. Analogic's ConneCT checkpoint CT and their eXpress ATRS security system are TSA and ECAC qualified and are now being deployed at airports throughout the globe. For more information, visit Analogic, the A Design logo and ConneCT are trademarks of Analogic Corporation. Forward-Looking Statements This press release contains 'forward-looking statements.' Such statements include, but are not limited to, statements regarding the intended use of proceeds from the private placement and may be preceded by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; risks related to the uncertainty of the projected financial information (including on a segment reporting basis); risks related to delays caused by factors outside of our control, including changes in fiscal or contracting policies or decreases in available government funding; changes in government programs or applicable requirements; budgetary constraints, including automatic reductions as a result of 'sequestration' or similar measures and constraints imposed by any lapses in appropriations for the federal government or certain of its departments and agencies; influence by, or competition from, third parties with respect to pending, new, or existing contracts with government customers; our ability to successfully compete for and receive task orders and generate revenue under Indefinite Delivery/Indefinite Quantity contracts; potential delays or changes in the government appropriations or procurement processes, including as a result of events such as war, incidents of terrorism, natural disasters, and public health concerns or epidemics; and increased or unexpected costs or unanticipated delays caused by other factors outside of our control, such as performance failures of our subcontractors; risks related to the rollout of the business and the timing of expected business milestones; the effects of competition on our future business; our ability to issue equity or equity-linked securities in the future, and those factors discussed in the Company's reports and other documents filed with the SEC, including under the heading 'Risk Factors.' More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the SEC, including the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC's web site at The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, except as required by law.
Yahoo
31-05-2025
- Business
- Yahoo
Down 24%, Should You Buy the Dip on BigBear.ai?
The company's share price is down as it struggles to deliver revenue growth. The company isn't profitable despite the best efforts of multiple CEOs. The artificial intelligence analytics market is still promising. 10 stocks we like better than › Many companies that sell artificial intelligence (AI) services have seen their share price skyrocket over the past couple of years. AI data analytics company (NYSE: BBAI) has seen significant volatility, but it has also benefited from bullish market sentiment. The company's share price has surged 142% over the past 12 months, dwarfing the 11% return of the S&P 500. That said, it has also lost a lot of ground lately with a 24% decline in just the past three months. The recent dip no doubt has some investors wondering if this is a great time to buy stock or a warning sign to stay away. The company still has a lot to prove, and here are three reasons investors should leave this AI stock alone right now. Small companies that are tapping into such a fast-growing and in-demand market like AI should experience rapid sales growth. And yet BigBear managed to increase its revenue just 5% year over year to $34.8 million in the most recent quarter. Unfortunately, this appears to be a pattern for the company. Revenue was flat in 2023 and up just 2% in 2024. This year, management says sales could increase 7% (at the midpoint of its guidance). That's unimpressive growth for such a young AI company. For comparison's sake, fellow AI data analytics company Palantir Technologies grew sales 29% last year to $2.9 billion. Typically, high-growth companies experience lots of top-line expansion early on, and investors hope that momentum eventually leads to profits. But with sales growth has been missing for years. reported an adjusted EBITDA loss of $7.0 million in the first quarter, which was worse than its loss of $1.6 million in the year-ago quarter. Management said costs were primarily driven by increased research and development expenses as well as recurring selling, general, and administrative (SG&A) costs. In either case, the company can't afford to have these expenses continue to outpace sales. For investors hoping profits will soon follow the same pattern as its astronomical share price returns over the past couple of years, it's likely to be a very long wait. This may not be the typical reason investors should steer clear of a company, but it certainly raises some red flags. Leadership is crucial to a company's success, so it's worrying to see under its third CEO since it went public in 2021. The current CEO, Kevin McAleenan, has only been at the helm since January. He was the acting Secretary of the U.S. Department of Homeland Security during the first Trump administration. This government connection has some investors hoping that will be able to secure more government contracts. But what they should really be hoping for is McAleenan to stick around long enough to be able to execute a long-term vision for the company. When you add up the company's leadership changes, weak sales growth, and continued losses, it's clear to me the stock is not a buy right now. In a market full of compelling AI stocks, there simply isn't much that's appealing about a speculative bet on Before you buy stock in consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Down 24%, Should You Buy the Dip on was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
