Palantir Technologies Inc. (PLTR) has secured a $99.8 million contract from the DEVCOM Army Research Laboratory (ARL) to expand its Maven Smart System across all branches of the U.S. military, including the Army, Air Force, Space Force, Navy, and Marine Corps. This contract will enhance AI-enabled battlespace awareness and support global integration, force management, logistics, and joint targeting workflows.
Results for: Maven Smart System
Palantir Technologies’ shares are reaching new heights after securing a substantial $99.8 million contract from the US Army for its Maven Smart System AI tool. This latest deal adds to Palantir’s growing government revenue and comes amidst broader market optimism fueled by the Federal Reserve’s recent rate cut.