Palantir Wins $91M Army R&D Support Contract

Palantir, a data analysis software company headquartered in Denver, has won a potential $91.2M contract to support U.S. Army research and development projects.

The Department of Defense said Tuesday the company will perform general R&D work for the Army Research Laboratory in Adelphi, Maryland, through Sept. 28, 2022.

The service branch received 999 bids for the firm-fixed-price contract via an online solicitation and obligated $44.1M at the time of award.

Palantir offers software platforms that are designed to help customers integrate, manage and secure data. The company is scheduled Wednesday to begin trading Class A shares on the New York Stock Exchange via a direct listing.

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Contract Awards

Related Articles

The Ultimate Guide to Winning Government Contracts Let us show you how top executives are winning so you can replicate it