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Palantir Nabs $10 Billion Army Software Award That Consolidates Dozens Of Deals

Matthew Beinart By
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Palantir Nabs $10 Billion Army Software Award That Consolidates Dozens Of Deals
U.S. Army Command Sgt. Maj. Jimmy Sellers, command sergeant major of Army Material Command, talks with Jack Flood, a Palantir app developer, during a layout with 20th Engineer Brigade at Fort Liberty, N.C., Aug. 14, 2024. (U.S. Army photo by Spc. PS Bailey Whilden)

The Army on Friday awarded Palantir [PLTR] a contract worth up to $10 billion over the next decade to provide software services, with the deal consolidating dozens of current contracts with the company under one agreement. The new Enterprise Agreement “establishes a comprehensive framework for the Army's future software and data needs,” the service said. "This Enterprise Agreement represents a pivotal step in the Army's commitment to modernizing our capabilities while being fiscally responsible,” Leo Garciga, the Army’s chief information…

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