:

Intelligence Community

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

By Cal Biesecker

Thursday, May 22nd, 2025

SHARE:

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…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]