October 4, 2022
The deal is an extension of the $100 million contract signed in August
Fresh off its deal with the U.S. Army, data architecture firm Palantir has expanded its work with the U.S. Department of Defense in a deal worth $229 million.
The contract will see the company support all branches of the Armed Services, Joint Staff and Special Forces as they test and scale AI and machine learning capabilities.
The contract spans one year, according to an announcement.
Palantir first partnered with the Army Research Lab in 2018 to provide operational data and AI capabilities.
Its platform has since been deployed to support the integration and management of data and AI models across a variety of the U.S. armed forces.
This latest contract comes after it secured one worth $100 million back in August for Palantir to develop AI-enabled software platforms to improve data analysis and decision-making capabilities for combatant commands.
This latest extension will “enable the Department to scale these critical capabilities to additional mission areas as well as emerging priorities,” a company statement said.
“By bringing leading AI/ML capabilities to all members of the Armed Services, the DoD continues to maintain a leading edge through technology and by delivering best-in-class software to those on the frontlines,” said Akash Jain, president of Palantir USG.