NYSE:BBAI 23 September 2025 - 18 November 2025

BigBear.ai’s status as a pure-play “AI for defense” contractor has been reinforced by a string of new deals in recent weeks. On October 13, the company announced a strategic partnership with Silicon Valley firm Tsecond Inc. to deliver AI-enabled edge computing hardware for U.S. national security missionsts2.tech. The plan integrates BigBear’s ConductorOS software with Tsecond’s rugged BRYCK data modules, allowing military and intel teams to run AI analytics on the battlefield in real time without needing cloud connectivityts2.techts2.tech. BigBear’s CEO, former DHS chief Kevin McAleenan, said the goal is to provide “mission-ready AI at the tactical edge” so warfighters can detect threats faster even in disconnected environmentsts2.techinvestorsobserver.com. Investors cheered the news – BBAI stock spiked 22% the next trading day, reflecting hopes that BigBear can secure a bigger slice of the Pentagon’s tech spendingts2.techinvestorsobserver.com. Later in October, BigBear.ai showcased its technology in civilian security. The company’s veriScan biometric system, which uses AI-driven facial recognition to speed identity checks, was deployed at Chicago’s O’Hare International Airport on Oct. 23ts2.tech. Early results were striking: processing times for international arrivals dropped from about 60 seconds to 10 seconds with the automated screeningts2.tech. This follows BigBear’s rollout of veriScan at other airports as the

BigBear.ai Holdings is a small-cap “defense tech” stock that has caught retail investors’ eye in 2025. Its core business is AI-driven analytics and decision support for defense, security, and critical infrastructure. The company’s CEO, Kevin McAleenan, has been aggressively pursuing military and government contracts. Recent headlines have delivered a double dose of optimism: a new battlefield AI partnership and a border-security deployment, both of which helped send the stock sharply higher. On Oct. 13, BigBear.ai announced a strategic alliance with Tsecond, Inc., a Silicon Valley defense hardware maker. The two will merge BigBear’s ConductorOS AI orchestration software with Tsecond’s “BRYCK” rugged compute platform, so that U.S. forces can run advanced AI models in the field without cloud connectivity. As CEO McAleenan put it, “Edge AI must be fast, secure, and simple to deploy under pressure,” enabling troops to process data “within seconds [and] detect threats sooner” even offline ir.bigbear.ai. The market reacted enthusiastically: BBAI stock jumped about 22% on the news ts2.tech ir.bigbear.ai, and briefly traded near $9.39 on Oct. 14.

BigBear.ai’s stock has turned into one of 2025’s most dramatic thrill rides on Wall Street. The little-known AI contractor began the year as a sub-$2 penny stock, but enthusiasm over artificial intelligence – especially for defense and national security – ignited a speculative frenzy around BBAI shares. Over the past 12 months, the stock price has climbed over 300% in total return ts2.tech. Much of that gain came in sudden explosive jumps: for example, on October 13 the stock leapt ~22% in a single day after BigBear announced a high-profile military tech partnership ts2.tech. The buying mania pushed BBAI to an intraday high of $9.39 on October 14 – its highest level in years – more than double its price at the start of 2025 ts2.tech. However, true to its small-cap nature, BBAI’s ascent has been anything but smooth. After peaking in mid-October, the stock quickly reversed course, succumbing to profit-taking by short-term traders and broader market jitters. By October 21, BBAI had sunk back to around $7.11 ts2.tech. The very next day – Oct. 22 – shares slid another ~7% to $6.61 stockinvest.us, extending a steep 20%+ pullback from the prior week’s highs. As of Oct. 23, BigBear.ai is

BigBear.ai’s stock has been on a tear in 2025, but not without turbulence. After starting the year as a little-known penny stock, BBAI caught fire amid the artificial intelligence boom and a flurry of government contract wins. Year-to-date, the share price has roughly doubledts2.tech, and over the past 12 months it’s climbed an astonishing 314% in total returnsimplywall.st. Much of that gain came in a few explosive moves: for instance, on October 13 the stock jumped about 22% in one day after BigBear announced a new military-tech partnershipts2.tech. The next day, BBAI briefly touched $9.39 – its highest level in years – before pulling backts2.tech. That volatility has only increased in late October. After peaking in the $9 range, BigBear.ai quickly retreated below $8 amid profit-taking and broader market jitters. As of October 22, 2025, the stock was trading around $7.00–$7.20, roughly where it stood before the big Tsecond deal rally. It closed at $7.11 on Oct. 21stockinvest.us, marking a drop of about 4.7% for that day and extending a week-long slide of over 20% from the recent highssimplywall.st. Such swings are not unusual for BBAI – in fact, the stock has posted daily moves above 9–10% multiple times this

BigBear.ai’s stock has been on a tear in October as investors pile into defense-focused AI names. On October 13, shares spiked 22% in a single day after the company announced a new AI partnership, leaping from the mid-$7 range to about $8.80ts2.tech. It was BBAI’s biggest one-day jump in over a year. Heavy trading continued as the rally carried into Oct. 14, when the stock hit an intraday high of $9.39stockinvest.us. By mid-week, BBAI hovered near $9 – more than double its value at the start of 2025ts2.tech. However, the ride has been volatile. After peaking mid-week, shares pulled back to $7.42 by the Friday, Oct. 17 closestockinvest.us, as traders likely took profits. Such turbulence is nothing new for BigBear.ai – the stock has a history of wild swings. It traded under $2 late last year but has rocketed roughly 80–100% year-to-date on optimism around AI in defensets2.tech. BigBear has seen double-digit pops and drops in response to news: for instance, a single Navy contract announcement in late September sent BBAI up 11% in one dayts2.tech, while an earnings miss in August triggered a 20% plungets2.tech. Technical indicators reflect the speculative fervor. Bottom line: BigBear.ai’s share price momentum is strong