Is BigBear.ai Worth Buying at $7? The Answer Is Hidden in the Ask Sage Deal.

This pop can be credited to the company's decision to acquire Ask Sage, a generative AI platform "for secure distribution of AI models and agentic AI capabilities, built specifically for defense and national security agencies and other highly regulated sectors." BigBear.ai will pay $250 million for this acquisition, and it looks like this move indeed has the ability to boost the company's falling growth.Its gross margin fell by 3.5 percentage points year over year due to the loss of higher-margin contracts. ...