BigBear.ai stock surges 15% in after-market trading with new CEO Kevin McAleenan

From Stocktwits: 2025-01-15 21:02:16

Kevin McAleenan, former Acting Secretary of Homeland Security, appointed as CEO of BigBear.ai, sparking a 15% surge in after-market trading. McAleenan’s government experience expected to boost defense contracts. Stocktwits sentiment turns ‘bullish’ on news. McAleenan to leverage national security expertise and AI knowledge at BigBear.ai, which recently secured a $165.15 million contract with the U.S. Army. Company’s stock has risen over 83% in past year. McAleenan replaces outgoing CEO Mandy Long, who will transition to advisory role. Leadership change coincides with anticipation of more federal contracts under McAleenan’s leadership.



Read more at Stocktwits: BigBear.ai Stock Surges After-Market As New CEO With Trump-Era Ties Sparks Retail Optimism For Government Deals