Palantir (PLTR) Stock Gains 5% Following U.S. Army Contract

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Palantir (PLTR) Selected by US Army for Intelligence Data Fabric and Analytics Solution

October 5, 2021 4:13 PM EDT

Palantir Technologies Inc. (NYSE: PLTR) today announced it has been selected by the U.S. Armys Program Manager for Intelligence Systems and Analytics to deliver the Armys Intelligence data fabric and analytics foundation for the Capability Drop 2 (CD-2) program.

Palantir was selected to progress to the next phase of the Armys competitive $823m indefinite delivery, indefinite quantity (IDIQ)... More

Palantir (PLTR) Expands Collaboration with NIH to Support COVID-19 Research

October 4, 2021 6:59 AM EDT

Palantir Technologies Inc. (NYSE: PLTR), a leading builder of operating systems for the modern enterprise, announced today the National Institutes of Health's (NIH) National Center for Advancing Translational Sciences (NCATS) has awarded Palantir a contract to continue providing a secure cloud-based data enclave to centralize data on COVID-19 for collaborative clinical research.

The contract to support the National COVID Cohort Collaborative (N3C) and its data enclave is an indefinite delivery indefinite quantity (IDIQ) contract with a total potential value of $59.5m over two years, with an initial task... More

Palantir Technologies' (PLTR) Soon-to-Be-Announced $90 Million VA Contract Was its Only Significant New Government Contract, Says William Blair

October 1, 2021 3:19 PM EDT

William Blair analyst Kamil Mielczarek reiterated an Underperform rating on Palantir Technologies Inc. (NYSE: PLTR), noting that it's soon-to-be-announced $90 million VA contract was likely its only significant new government contract in the third quarter.

"Palantir will likely announce the contract early next week," said Mielczarek. " While this new contract is a positive for... More