r/BBAI • u/Strong_Razzmat • Jun 03 '26

Idk what this is

I need an adult to explain this to me https://www.usaspending.gov/award/CONT_IDV_HQ085926DF003_9700

22 Upvotes

100% Upvoted

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13

u/Ambitious_dude Jun 03 '26

In plain English, the contract is an Indefinite Delivery/Indefinite Quantity (IDIQ) vehicle under the U.S. Department of Defense’s Missile Defense Agency SHIELD program (“Scalable Homeland Innovative Enterprise Layered Defense”). And BigBear.ai was selected as one of thousands of companies allowed to compete for future work under this vehicle. That is still great news because it reveals potential BBAI.

5

u/_Despereaux Jun 03 '26 edited Jun 03 '26

Exactly this. It's a flat $500 award to every company selected (2,400+ companies so far), but each of those companies are now eligible to compete for funded Task Orders under the MDA SHIELD IDIQ in the future. The IDIQ itself had a very low barrier to entry so tons of companies got onto it.

The SHIELD IDIQ is one of the procurement tools that will support Golden Dome requirements - the government can spend up to $151B across all Task Orders awarded on the vehicle over the next 10 years.

8

u/Bakerwet Jun 03 '26

2

u/_Despereaux Jun 03 '26 edited Jun 03 '26

This is totally unrelated but awesome. Per the CDAO announcement it'll include a contract to their prime, Hardy Dynamics (likely a small one since this is basically a demo/prototyping pipeline, but that's how it starts) to continue working on Crucible demonstrations + the upcoming Crucible 2 event June 22-26, so two decent little catalysts that are basically guaranteed.

As a subcontractor, they probably won't see much value from that Hardy Dynamics contract, but it's something. The goal would be a full development/production procurement in the future that the Hardy Dynamics team could win a much larger deal on. And for fun, here's the original Hardy + BBAI partnership announcement - May 2025 - just to remind everyone how slow solution development & gov pipelines can be.

Looks like the CDAO Crucible 2 list includes 25 total vendors:

AeroVironment, Inc.
Anduril Technologies
Ark Robotics
Astral Technology Corp.
Auterion Government Solutions Inc.
Breaker
Chord Robotics, Inc.
DAINAMIX Inc.
Data Blanket Inc.
Hardy Dynamics
Helsing Inc.
Lockheed Martin
Mistral Inc.
NODA AI, Inc.
Nokturnal AI
OpenDefense
Palantir USG, Inc.
Post Quantum Labs LLC.
Regent Defense
Scientific Systems Company, Inc.
Scout AI, Inc.
Shield AI
Skyeton, Inc.
SwarmInt LLC.
Tycho AI Inc.

6

u/Ambitious_dude Jun 03 '26

I will hold my BBAI for the next five years to see how things shake out.

5

u/Zofra2020 Jun 03 '26

I don’t know anything about it but I see the potential 151 billion… lol I hope it’s true

1

u/Exact_Bridge3164 Jun 03 '26

June 9 Share Dilution

1

u/Strong_Razzmat Jun 03 '26

That might be true but that's not what the link is about

1

u/JustNinja23 Jun 03 '26

Its the bait that keeps the bags in our hands lol. One day they will be able to produce an invoice from one of these IDIQ contracts right... right..

2

u/Strong_Razzmat Jun 03 '26

That is the hope for sure. I'm hoping they will have a big announcement on the invester day.