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Amid Soaring Demand, Palantir Gets $795 Million Boost For Maven Smart System

By Cal Biesecker

Thursday, May 22nd, 2025

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Amid Soaring Demand, Palantir Gets $795 Million Boost For Maven Smart System

Sue Gordon (L), former principal deputy director of national intelligence, and NGA Director Vice Adm. Frank Whitworth at GEOINT 2025. Photo: David Aleman, USGIF

The Defense Department on Tuesday awarded Palantir Technologies [PLTR] a $795 million modification to the company’s existing contract to provide more software licenses for a battlespace awareness software platform increasingly in demand by U.S. warfighters. The new award runs through May 2029 and follows a $480 million production contract Palantir received last year to transition the Maven Smart System (MSS) into production (Defense Daily, May 30, 2024). The company now has nearly $1.3 billion in business under the MSS production…

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