Palantir Shares Jumped 6% after Securing $250M Army Contract
Palantir USG has won a $250 million firm-fixed-price contract to conduct research and development services in the area of artificial intelligence and machine learning.The work is estimated to be completed by Sept. 25, 2026.Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity.More on Palantir Technologies Palantir: Time To Get Out Again Palantir: Potential AI Trade Of The Decade Palantir inks partnership with Babcock to bolster digital defence capabilities Palantir stock falls ~9% after Morgan Stanley cuts rating