Alex Karp, CEO of Palantir, attending the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 9th, 2025.
Palantir has inked a contract with the U.S. Army worth up to $10 billion to meet growing warfare demands over the next decade.
As part of the deal, Palantir will help the military streamline efficiencies while preparing for threats, consolidating 75 total contracts into one enterprise deal, the release states.
The agreement creates a "comprehensive framework for the Army's future software and data needs" that provides the government with purchasing flexibility and removes contract-related fees and procurement timelines, according to a release.