Key Takeaways BigBear.ai is shifting focus to defense AI, supported by its deal to acquire federal-focused Ask Sage.BBAI expects delayed defense contracts to convert in 2026, aided by rising government AI adoption.BBAI holds $715M in liquidity to fund growth, integrate Ask Sage, and pursue federal AI opportunities.National security spending is emerging as the strongest tailwind for BigBear.ai Holdings, Inc. (BBAI) heading into 2026, with multiple indicators suggesting a cyclical upswing in demand for secure ...