ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

C3 AI U.S. Air Force Rapid Sustainment Office Contract Award Increased to $450 Million

Expansion supports broad deployment of C3 AI–powered predictive maintenance across aircraft, weapons systems, and ground assets

C3 AI (NYSE: AI), the Enterprise AI application software company, today announced that the United States Air Force (USAF) Rapid Sustainment Office (RSO) has raised the C3 AI contract ceiling to $450 million through October 2029. The additional $350 million in available scope supports the scaling of C3 AI’s predictive analytics and aircraft maintenance platform across the service’s fleet and systems.

Initially C3 AI was awarded a $100 million ceiling, which has been fully utilized to deploy PANDA, a predictive maintenance platform that delivers near-real-time insights by monitoring components on hundreds of aircraft, including the B1-B Lancer, C-5 Galaxy, KC-135 Stratotanker, C-17 Globemaster III, and C-130J Super Hercules.

“We believe our program with RSO may be the largest production AI deployment in the U.S. DoD today,” said Ed Abbo, Chief Technology Officer, C3 AI. “At the scale of the U.S. Air Force, this system has the potential to increase aircraft availability by up to 25%. We consider it a great privilege to continue to serve and to expand our AI operations to assist the U.S. DoD in meeting its mission objectives.”

The Predictive Analytics and Decision Assistant (PANDA), powered by the C3 Agentic AI Platform and the C3 AI Readiness application, earned distinction as the U.S. Air Force RSO’s system of record for predictive maintenance and Condition Based Maintenance Plus (CBM+). This highly favored platform supports a Department of Defense-wide initiative to improve fleet availability and reduce lifecycle costs through improved readiness. The collaboration has significantly improved availability, driven down costs, and reduced unscheduled maintenance for hundreds of aircraft across the Air Force enterprise.

About C3.ai, Inc.

C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 Agentic AI Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of large AI transformer models for the enterprise.

Contacts

C3 AI Public Relations

Lisa Kennedy

Edelman

415-988-4960

press@c3.ai

Investor Relations

ir@c3.ai

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.