Palantir seals its first major U.S. Navy deal as Raytheon is passed over

Published on November 25, 2023

Palantir Technologies has sealed its first major deal with the U.S. Navy, public contract documents show, a major step forward for a West Coast tech company that has long struggled to break into the Pentagon’s insular information technology industry.

The sole-source contract, worth about $80 million, calls for a logistics management system for the service branch’s warships and aircraft scattered across the globe. The Navy will use Palantir’s software to fuse together existing data sets that are walled off from one another, forming a broader operating system the Pentagon is calling Naval Operational Business Logistics Enterprise, or NOBLE. The terms of the deal were finalized last week, Palantir spokeswoman Lisa Gordon said.

Read More: https://www.washingtonpost.com/business/2020/03/05/palantir-first-navy-contract/

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