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Palantir’s Striking $480M Defense Contract Victory Palantir’s Striking $480M Defense Contract Victory

Palantir Technologies

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Palantir (NYSE:PLTR) celebrates a monumental win, snagging a $480 million fixed-price contract from the U.S. Department of Defense. The contract is specifically earmarked for the development of a prototype for its cutting-edge Maven artificial intelligence (AI) system.

The anticipated completion date of this prestigious endeavor is set for May 28, 2029. The U.S. Army Contracting Command, based in Aberdeen Proving Ground, Maryland, will act as the contracting authority overseeing this groundbreaking project.


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