In 2019, the United States Army launched the Army Modernization Strategy to transform the regular army, national guard, army reserve and army civilians into a “multi-domain force” by 2035. The Army’s Strategy refers to “invest[ments] in digital transformation and the modernization of the Army’s underlying network and computer infrastructure” as essential to its success.
In November 2020, the United States Army selected Palantir Technologies to receive one of two initial contracts to accelerate the modernization of the Army’s network, using Palantir’s Gotham software. Palantir will integrate its Gotham software with the army’s Command Post Computing Environment that provides visualizations, common applications, and updated server infrastructure to the Army’s commanders.
The value of this new Mission Command contract between Palantir and the Army has not been reported publicly but is not the first agreement between Palantir and the force. In October 2020, Palantir announced a $91 million dollar contract with the United States Army Research Lab to develop artificial intelligence and machine learning capability. Palantir was selected for that project from a total of 999 bidders. Palantir and the United States Army have had a complicated relationship over the years. In 2016, Palantir took the Army to court over an allegedly unlawful procurement process for the next generation of the Army’s intelligence software suite. Palantir protested being shut out of the competition. By March 2019, though, Palantir had secured an $876 million contract (over 10 years) to provide a new version of the Army’s Distributed Common Ground system after beating out Raytheon for the project.
Palantir is an American company based in Palo Alta, California that develops software integration, visualization, and analysis software, including for collaboration between government organizations. Palantir has a market capitalization of over $33 billion and has traded between $8.90 and $19.66 over the last 52 weeks. Its share price reached a record high on Tuesday, November 17, 2020.