Latest news with #PC-C5
Yahoo
03-07-2025
- Business
- Yahoo
BigBear AI (BBAI) Takes Part in Huge International Military Exercise, Soars 13.7%
Holdings, Inc. (NYSE:BBAI) is one of the . BigBear AI jumped by 13.68 percent to close at $7.56 apiece following news that it is taking part in a huge international military exercise to test out and improve advanced technologies for future defense needs. In a statement yesterday, Holdings, Inc. (NYSE:BBAI) said it joined forces with partners and allies across Australia, Canada, France, Japan, New Zealand, United Kingdom, and all branches of the United States military to integrate resources and technologies in support of defense transformation efforts for future warfighters. A closeup of a computer server rack surrounded by a CAT5 network of cables. Called the Project Convergence – Capstone 5 (PC-C5), the initiative aims to test Next Generation Command Control (NGC2) systems using relevant AI models. Holdings, Inc. (NYSE:BBAI) said that its Virtual Anticipation Network (VANE) platform proved critical in helping forces quickly gain situational awareness and identify emerging threats. ' is proud that VANE continues to demonstrate operational value in real-world exercises and experiments like PC-C5, involving forces from multiple nations,' said Ryan Legge, President of National Security at 'These environments validate the critical role AI plays in supporting faster, more accurate decision-making for warfighters. The feedback we received will inform future enhancements to better serve our mission partners,' he added. While we acknowledge the potential of BBAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
01-07-2025
- Business
- Yahoo
BigBear.ai Demonstrates AI-Driven Forecasting and Sentiment Analysis at Project Convergence
MCLEAN, Va., July 01, 2025--(BUSINESS WIRE)-- (NYSE: BBAI), a leading provider of mission-ready AI for defense and national security, today announced its participation in Project Convergence - Capstone 5 (PC-C5). PC-C5 is a combined joint and multinational experiment allowing partners and allies across Australia, Canada, France, Japan, New Zealand, United Kingdom, and all branches of the United States military to integrate resources and technologies in support of defense transformation efforts for future warfighters. The PC-C5 experiment presented opportunities for multinational forces to test Next Generation Command Control (NGC2) systems using relevant AI models. Virtual Anticipation Network (VANE) platform proved critical in helping forces quickly gain situational awareness and identify emerging threats. Operators highlighted its forecasting models, accurate sentiment analysis for detecting adversarial narratives, and metadata tagging for navigating unfamiliar environments and filtering relevant media. " is proud that VANE continues to demonstrate operational value in real-world exercises and experiments like PC-C5, involving forces from multiple nations," said Ryan Legge, President of National Security at "These environments validate the critical role AI plays in supporting faster, more accurate decision-making for warfighters. The feedback we received will inform future enhancements to better serve our mission partners." remains committed to equipping military and intelligence professionals with tools that can help improve how they perceive, predict, and act in complex operational environments. To learn more about VANE, 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. 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. View source version on Contacts General/Sales: info@ Investors: investors@ Media: media@ 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
Business Wire
01-07-2025
- Business
- Business Wire
BigBear.ai Demonstrates AI-Driven Forecasting and Sentiment Analysis at Project Convergence
MCLEAN, Va.--(BUSINESS WIRE)-- (NYSE: BBAI), a leading provider of mission-ready AI for defense and national security, today announced its participation in Project Convergence - Capstone 5 (PC-C5). PC-C5 is a combined joint and multinational experiment allowing partners and allies across Australia, Canada, France, Japan, New Zealand, United Kingdom, and all branches of the United States military to integrate resources and technologies in support of defense transformation efforts for future warfighters. ' is proud that VANE continues to demonstrate operational value in real-world exercises and experiments like PC-C5, involving forces from multiple nations,' said Ryan Legge, President of National Security at The PC-C5 experiment presented opportunities for multinational forces to test Next Generation Command Control (NGC2) systems using relevant AI models. Virtual Anticipation Network (VANE) platform proved critical in helping forces quickly gain situational awareness and identify emerging threats. Operators highlighted its forecasting models, accurate sentiment analysis for detecting adversarial narratives, and metadata tagging for navigating unfamiliar environments and filtering relevant media. ' is proud that VANE continues to demonstrate operational value in real-world exercises and experiments like PC-C5, involving forces from multiple nations,' said Ryan Legge, President of National Security at 'These environments validate the critical role AI plays in supporting faster, more accurate decision-making for warfighters. The feedback we received will inform future enhancements to better serve our mission partners.' remains committed to equipping military and intelligence professionals with tools that can help improve how they perceive, predict, and act in complex operational environments. To learn more about VANE, 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. 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
02-04-2025
- Science
- Yahoo
Smaller Rockets To Provide Key Artillery Firepower Boost Sought By Army
A new five-inch (127mm) artillery rocket Lockheed Martin is developing for the U.S. Army primarily as a low-cost training round could evolve into an operational munition. The service already wants to increase the magazine depth of its existing Multiple Launch Rocket System (MLRS) and High Mobility Artillery Rocket System (HIMARS) launcher vehicles, which can currently fire various 227mm rockets and short-range ballistic missiles. This is part of a larger Army push to expand its overall rocket artillery capacity. The new Joint Reduced Range Rocket (JR3) was showcased at the Army's recent Project Convergence-Capstone 5 (PC-C5) test exercise at the National Training Center (NTC) at Fort Irwin in California earlier this month. Raytheon (now formally known as RTX) also notably fired a JR3 from a new uncrewed launcher vehicle it has been working on in cooperation with Forterra and Oshkosh Defense at PC-C5. The Army also released a picture from PC-C5, seen at the top of this story, showing its existing crewless Autonomous Multi-domain Launcher (AML), which is derived from the HIMARS, firing what looks to be a JR3. The AML and Raytheon's new design are based on 6×6 Family of Medium Tactical Vehicles (FMTV) and FMTV A2 truck chassis, respectively. Since the Army first kicked off the initiative in 2020, Project Convergence has been using events like PC-C5 to test, integrate, and network together new and improved weapons and other materiel, and do so in ever more operationally representative conditions. JR3 is set to supplant the 227mm Low Cost Reduced Range Practice Rockets (LCRRPR) the Army, as well as the U.S. Marine Corps, use for training now. LCRRPRs use rocket motors taken from unguided 227mm M28A2 artillery rockets that were previously removed from service. However, the available stockpile of old M28A2s is expected to dry up by 2032, promoting the need for the JR3. In addition to being cheaper than full-up live rounds, reduced-range practice rockets allow units to make use of a greater number of more constrained ranges for live-fire training. The current slate of precision-guided 227mm rockets that existing MLRS and HIMARS launchers can fire have maximum ranges of between around 40 and 50 miles (65 and 80 kilometers). New types with ranges closer to 100 miles (150 kilometers) are also in development. Those same launchers can also fire Army Tactical Missile System (ATACMS) and Precision Strike Missile (PrSM) short-range ballistic missiles that can hit targets hundreds of miles away. The range the Army is targeting for the new JR3 is unclear, but existing LCRRPRs have a maximum reach of around 10 miles (16 kilometers). Though designed primarily for training use, the JR3 has a modular design and Lockheed Martin has already talked about the potential for future variants or derivatives to be configured for use as live munitions. 'We're definitely looking at [direct support fires technology] and how we could be a competitor in that market,' Dave Griser, Vice President for Guided Multiple Launch Rocket Systems within Lockheed Martin's Missiles and Fire Control division, recently told Defense News. 'We think we can play there in terms of how we produce, our production and our experience that's unique to [MLRS family of munitions] and what we do. We think it's a good fit for us.' For its part, the Army has been very open about its interest in acquiring smaller artillery rockets to increase the magazine depth of its MLRS and HIMARS launchers. The munitions for those launchers come in standardized 'pods' that can hold six 227mm rockets, a single ATACMs, or two PrSMs. MLRSs can be loaded with two of those pods at a time, while HIMARSs can hold one. 'If you're familiar with the rocket pods we have for [guided multiple launch rocket systems], I would like to fill those rocket pods with 50 to 100 rockets,' Army Gen. James Rainey, head of Army Futures Command, said at the Association of the U.S. Army's Global Force Symposium on March 25, according to Defense News. 'What we could put in that box … it's not as good as [guided multiple launch rocket systems], but it can visit a lot of hate on the enemy in the right conditions.' The Army has said in the past that it is actively looking at new munition pods for the MLRS and HIMARS launchers that can each hold up to 30 rockets with maximum ranges between approximately 18 and 25 miles (30 and 40 kilometers). Last month, it was announced that the service had awarded a contract to Anduril for 4.75-inch (120mm) solid rocket motors that is tied, at least in part, to that work. A picture, seen below, also emerged last year showing a HIMARS launcher vehicle at the Naval Surface Warfare Center, Corona Division (NSWC-Corona) in Fallbrook, California loaded with a pod with 24 tubes. Whether or not that pod is related to work on the JR3 or other munitions is unclear. It's also worth noting here that the Israel Defense Forces (IDF) has fielded AccuLAR-122 pods, which can hold up to 18 122mm rockets, in inventory as an option for its MLRS launchers. Soviet pattern 122mm artillery rockets and similar designs are in widespread use globally, despite the current absence of munitions in this general class in U.S. military arsenals. The Army is developing a capability of reducing the diameter of rockets, so a Multiple Launch Rocket System, or MLRS, pod can carry up to 30, a dramatic increase from the six-per-pod solutions like the Guided MLRS.P2 is ACCULAR-122 pod of israel. — 笑脸男人 (@lfx160219) October 18, 2024 New launchers able to fire new smaller artillery rockets, as well as existing 227mm types and ATACMS/PrSM missiles, also increasingly look to be on the horizon for the Army, as well as the Marine Corps. The Raytheon's recently unveiled launcher and the AML design the Army has been working on for some time now reflect growing interest in uncrewed types. There is also the 4×4 Remotely Operated Ground Unit for Expeditionary Fires (ROGUE-Fires) derived from the Joint Light Tactical Vehicle (JLTV), which Oshkosh Defense developed primarily for the Marines. ROGUE-Fires variants armed with Naval Strike Missile (NSM) anti-ship cruise missiles and Tomahawk land-attack cruise missiles are already in Marine Corps service. A version of ROGUE-Fires that can fire munitions from the same pods as the MLRS and HIMARS launchers is in development, as well, and Oshkosh is now pitching it to the Army. Uncrewed launchers could help expand rocket artillery capacity without the need for significantly larger numbers of personnel. They could also be pushed further forward with less risk to human operators. This could all be particularly valuable in combination with smaller, but shorter-range rockets. New crewed launcher vehicles could be part the equation, as well. Last year, Lockheed Martin also unveiled a new palletized ground-based launcher concept based on the Marine Corps' 10×10 MKR18 Logistics Vehicle System Replacement (LVSR) truck and that can be loaded with up to four MLRS/HIMARS munition pods at once. With four pods each loaded with 30 smaller rockets, that system could pack a whopping 120 rounds in total. Additional magazine depth for U.S. rocket artillery launchers, as well as expanding overall rocket artillery capacity both in the Army and the Marine Corps, could be valuable in various future contexts. In addition to engaging targets on land, shore-based launchers could also engage maritime targets relatively close to shore, including incoming waves of landing craft and amphibious vehicles. Launchers loaded with smaller rockets could be mixed in with ones with other payloads, including loitering munitions and anti-ship missiles, to provide an even broader array of effects against a swath of different target types. The computer-generated Army video below depicts a scenario in which HIMARS and AML launcher vehicles engage various targets on land and at sea. Smaller rockets would also allow MLRS, HIMARS, and other launchers, crewed or uncrewed, to conduct high-volume shoot-and-scoot attacks capable. Even a single launcher vehicle loaded with dozens of rockets would be able to saturate a relatively area. The ongoing war in Ukraine has provided particularly pronounced evidence of the immense continued value of rocket and other artillery on modern battlefields. Ukrainian forces have made particularly good use of Western-supplied MLRS and HIMARS launchers firing guided rockets and ATACMS missiles against an array of different targets, including air bases and helicopter landing zones. Smaller rockets could also provide a valuable lower-cost alternative to guided 227mm types and short-range ballistic missiles, in general, for use against certain targets, especially ones at shorter ranges. The average unit cost of a 227mm precision-guided rocket, regardless of specific variant, is around $160,000, according to Army budget documents. The price of each new PrSM, as well as that of the latest variants of ATACMS, is closer to $1.5 million. As it stands now, the Army is at least pushing ahead with plans to add smaller rockets to the arsenals of its existing MLRS and HIMARS launchers. Work now on the JR3 training rockets could provide one potential pathway to that new operational capability. Contact the author: joe@
Yahoo
26-03-2025
- Business
- Yahoo
Raytheon's ‘DeepStrike' autonomous launcher shines at US Army's PC-C5 initiative
Raytheon's new autonomous launcher, 'DeepStrike,' made a successful debut at the U.S. Army's Project Convergence Capstone 5 (PC-C5) event, which focuses on testing future warfare technologies. Paired with its bid for a new training missile, 'DeepStrike' was successfully fired three times with different objectives during the event, a company official said. At this year's event, officials are testing several autonomous weapons, including the Army's AML system, an uncrewed version of the M142 rocket launcher, and a rival design from Raytheon. The arms manufacturing company is building its mobile launcher on Oshkosh Defense's FMTV A2 truck, using autonomy technology from Forterra. According to Brian Burton, vice president of Precision Fires and Maneuver at Raytheon, the industry team is using a leader-follower set up, where a manned vehicle takes the lead while an autonomous launcher follows. The trio tested the model earlier this month at Project Convergence in California's Fort Irwin. They used the defense giant's bid for the Army's Joint Reduced Range Rocket (JT3) program, designed for either the M270 Multiple Launch Rocket System (MLRS) or M142 High Mobility Artillery Rocket System (HIMARS). The company submitted its proposal in May 2024, with Ursa Major supplying the rocket motor. However, a winner has yet to be selected. The aerospace leader now plans to take feedback from the PC-C5 event and continue launcher development and testing accordingly. 'We're gonna do more testing … more autonomous vehicle demonstrations to where we're proving out how it operates in a complex battlefield,' Burton said in a press release. 'As you can imagine, with autonomy, you're going to run into fog and rain. You're going to run into vehicles, enemy vehicles that have been destroyed and are on fire, and so those things need to be accounted for.' As companies develop new autonomous ground weapons, Army officials are identifying limitations, assessing their role in formations, and acquiring ground robots through various initiatives. However, the service has yet to announce a concrete plan for acquiring an autonomous launcher. If it moves forward, it cannot rely on DEVCOM for mass production, Long-Range Precision Fires Cross Functional Team leader Brig. Gen. Rory Crooks said in January. 'I don't see DEVCOM as being the way to introduce larger numbers into formations in the near future. That will be how we leverage industry,' Crooks said. 'But it starts with refining that requirement, which we're in the process of [doing].' PC-C5 is the U.S. Army's premier modernization experiment, which brings together joint and multinational partners to test and integrate advanced technologies aimed at enhancing battlefield capabilities and interoperability. Now in its fifth iteration, PC-C5 is being held at both the National Training Center at Fort Irwin, California, and across the Indo-Pacific, with key locations including Hawaii, Guam, Japan, the Philippines, Australia, and French Tahiti.
