Palantir's Subsidiary Strengthens Military Data Analysis with Contracts Totaling $110M+
- June 15th, 2023
- 353 views
Palantir USG Inc., a subsidiary of Palantir Technologies Inc. (NYSE: PLTR), has been awarded a total of $110,454,815 in firm-fixed-price contracts for its Data-as-a-Service Platform solutions. These contracts, with Space Systems Command, Los Angeles Air Force Base, El Segundo, California, serving as the contracting activity, highlight Palantir USG Inc.'s expertise in providing critical data analysis and decision-making capabilities to various branches of the U.S. military.
The first contract, worth $58,463,148, is awarded by Headquarters Air Force (HAF) and focuses on automating data ingestion from multiple sources within the Department of the Air Force. This comprehensive data foundation supports readiness information and aids in HAF-wide decision-making and analysis.
Palantir USG Inc. has also been awarded a $32,791,667 contract for its Data-as-a-Service Platform in support of Space Command and Control (C2) and Mission Partner. This contract enables the furnishing of commercial software licenses to enhance mission-critical Space situational awareness and C2 capabilities. Additionally, it facilitates the ingestion of Special Access Program data, bolstering the platform's capabilities.
Furthermore, a $19,200,000 contract has been awarded to Palantir USG Inc. in support of North American Aerospace Defense Command/U.S. Northern Command. This contract empowers the Command and Control Center to ingest data from various domains, supporting ongoing planning and operations for Joint All-Domain Command and Control.
$PLTR closed at $16.60 on Thursday, reflecting a gain of $0.69 (4.34%)
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
December 05th, 2025
FDA Approves Nerve Scaffold for the Treatment of Sensory Nerve Discontinuity
December 04th, 2025December 02nd, 2025Earnings Countdown: Salesforce, Snowflake, and Guidewire Take Center Stage
November 30th, 2025Wall Street Eyes CrowdStrike, Marvell Technology, and GitLab as Earnings Near
November 30th, 2025




Member Login