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Palantir Nabs One-Year, $115 Million Extension For Army’s Vantage, As Follow-On Effort Nears

Matthew Beinart By
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Palantir Nabs One-Year, $115 Million Extension For Army’s Vantage, As Follow-On Effort Nears
The 50th Expeditionary Signal Battalion (Enhanced) and 63rd Expeditionary Signal Battalion conducted a combined Large Scale Combat Operations (LSCO) communications exercise on Fort Bragg, North Carolina, September 29, 2021. (U.S. Army photo by Capt. Eric Messmer)

The Army has awarded Palantir Technologies [PLTR] a $115 million extension to continue its work on the Vantage data platform program for another year, the Pentagon said on Dec. 14. The extension arrives as Palantir’s current contract for Vantage was set to expire, and as the Army begins its pursuit of a follow-up, multi-vendor program called Army Data Platform (ADP) 2.0. “Palantir is honored to extend our work with the U.S. Army as it evolves into the Army Data Platform…

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