Palantir Selected by Chief Digital and Artificial Intelligence Office (CDAO) to Participate in Scaling Data Analytics and AI Capabilities Across the Department of Defense in Support of CJADC2 Strategy
Palantir Technologies Inc. (NYSE: PLTR) today announced that the Department of Defense Chief Digital and Artificial Intelligence Office (CDAO) awarded its subsidiary, Palantir USG, Inc., a production contract to make licenses of their AI-enabled operating system available across the Department of Defense.
- Palantir Technologies Inc. (NYSE: PLTR) today announced that the Department of Defense Chief Digital and Artificial Intelligence Office (CDAO) awarded its subsidiary, Palantir USG, Inc., a production contract to make licenses of their AI-enabled operating system available across the Department of Defense.
- Starting with an initial order of $153 million to support certain Combatant Commands and the Joint Staff, additional awards can be made up to $480 million over a 5-year period.
- Additionally, CDAO has awarded Palantir a prototype Other Transaction (OT) for $33 million to rapidly and securely onboard third-party vendor and government capabilities into the government-owned, Palantir-operated data environment to meet priority Combatant Command digital needs.
- “These awards represent a vital step in warfighter adoption of AI, moving cutting-edge technology from experiment to enterprise production,” said Shannon Clark, Head of Defense Growth, Palantir.