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    Vivek

    Research Analyst at Northland Capital Markets

    Vivek is a Research Analyst at Northland Capital Markets specializing in equity research for small- and mid-cap growth companies, with coverage including BigBear.ai Holdings. His recent contributions include earnings call questions and sector analysis, aiming to provide research-driven investment ideas for clients. Vivek began his career in equity research and joined Northland Capital Markets as part of their senior analyst team focused on delivering quality information to institutional investors. He maintains professional securities credentials in line with industry standards, supporting his in-depth market analysis and client advisory work.

    Vivek's questions to BigBear.ai Holdings (BBAI) leadership

    Vivek's questions to BigBear.ai Holdings (BBAI) leadership • Q2 2023

    Question

    Vivek, on behalf of Mike Latimore from Northland Capital Markets, inquired about BigBear.ai's current headcount, the expected timing for the large GFIM deal award, and the anticipated gross margin trends for the second half of 2023.

    Answer

    CFO Julie Peffer explained that while specific headcount figures are not disclosed, the number is currently decreasing as certain labor-heavy contracts conclude, though targeted hiring in key areas is planned. CEO Mandy Long confirmed the company anticipates the large GFIM deal to be awarded in Q4. Regarding margins, Peffer projected improvement in the second half of the year as the contract mix shifts towards higher-margin work. Long elaborated that this is a deliberate strategy to focus on opportunities with greater margin expansion.

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