Palantir awarded $400.7M follow-on contract for Army Vantage

Palantir (PLTR) received a potential $400.7M follow-on contract from the U.S. Army to continue its work on the Vantage platform. he total contract amount is $400.7M should all options be fully exercised as proposed. The contract ceiling is $618.9M. The award has a ceiling value of approximately $618.9M. Army Vantage is a data analytics platform that enables senior leaders and soldiers to access data.

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