Palantir (PLTR) Awarded $111m Contract to Provide Mission Command Platform for the United States Special Operations Command

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Go back to Palantir (PLTR) Awarded $111m Contract to Provide Mission Command Platform for the United States Special Operations Command

Palantir Awarded $111m Contract to Provide Mission Command Platform for the United States Special Operations Command

May 28, 2021 6:59 AM EDT

DENVER--(BUSINESS WIRE)-- Palantir Technologies (NYSE: PLTR) announced today it had been selected by the United States Special Operations Command (USSOCOM) to continue its work as their enterprise data management and AI-enabled mission command platform as part of the Mission Command System/Common Operational Picture program. The contract is valued at a total of $111 million, inclusive of options, with $52.5 million executed upon award. The total contract includes a base year and one option year.

Palantir's platform has been used by USSOCOM in real-time mission operations to interoperate with other components of the global situational... More