Palantir Technologies (NYSE: PLTR) has received a $250 million contract from the U.S. Army to research and develop artificial intelligence and machine learning tools for U.S. military applications.
Army Contracting Command is the contracting activity and will determine work locations and budget upon the issuance of each contract order, the Department of Defense said Tuesday.
DOD expects work to conclude on Sept. 25, 2026.
In July 2022, Palantir received a two-year, $99.9 million contract to help the Army Research Laboratory implement data and AI capabilities to support DOD’s combatant commands.
The software company also secured a $299 million contract extension in September 2022 to continue working with the laboratory on AI and machine learning experimentation and implementation.
USSOCOM has tapped Lockheed Martin for up to $10.53 billion logistics deal spanning 12 years The award covers global sustainment…
Salim Omar has moved from acting to permanent chief financial officer of Peraton Omar served financial leadership roles in companies,…
The Space Force has issued a draft solicitation for its payload processing management effort Comments are due Aug. 6, ahead…
Agile Defense will provide its Workforce AI tool to support NORAD and USNORTHCOM The company will build the prototype of…
PsiQuantum has promoted Victor Peng to permanent CEO Technology executives Rob Soderbery and Sriram Sitaraman have joined the leadership team…
Goldman Sachs Alternatives’ growth equity arm led the round, with AMD Ventures, Ericsson, LG Technology Ventures and Maximus participating The…
HII’s Mission Technologies has chosen retired U.S. Navy Vice Adm. Frederick Roegge to be vice president of operations for its…
The Army seeks to establish a new advanced manufacturing research center through a potential $100 million contract The new hub…
Kratos has received about $400 million in new DOW funding Nemesis and Kraken initiatives advance hypersonic tactical systems The 2026…
Xcelerate Solutions was awarded a five-year, $163 million order to strengthen identity proofing for Login.gov Socure will serve as subcontractor…
Empower AI has secured a GSA enterprise IT task order The task order awarded under Alliant 2 GWAC has a…
Alexander will focus on scaling operations and pushing the hydrogen drone maker into international markets Her two-decade GovCon career includes…
You’ve already read all related articles.
VIDEO 
