BigBear.ai Soars 11.05% on Austal USA AI Deal

BigBear.ai Holdings surged 11.05% in pre-market trading on April 28, 2025, following the announcement of a significant AI-powered manufacturing platform deal with Austal USA.

BigBear.ai's collaboration with Austal USA involves the deployment of its Shipyard AI platform at Austal's facility in Mobile, Alabama. This partnership aims to enhance shipbuilding efficiency by optimizing labor and real estate use, thereby reducing production delays and ensuring timely vessel delivery. The platform is designed to support national defense efforts and scale submarine production capabilities, reflecting the defense sector's growing reliance on AI and digital twin technologies.

Kevin McAleenan, CEO of BigBear.ai, highlighted that the Shipyard AI platform was developed to meet the specific demands of shipyard planners and builders. This strategic move underscores BigBear.ai's commitment to leveraging advanced technologies to support critical defense initiatives and improve operational efficiency in the shipbuilding industry.