Army Selects Palantir for Intelligence Data Fabric and Analytics Solution
06 October 2021 - 7:13AM
Business Wire
Palantir Technologies Inc. (NYSE: PLTR) today announced it has
been selected by the U.S. Army’s Program Manager for Intelligence
Systems and Analytics to deliver the Army’s Intelligence data
fabric and analytics foundation for the Capability Drop 2 (CD-2)
program.
Palantir was selected to progress to the next phase of the
Army’s competitive $823m indefinite delivery, indefinite quantity
(IDIQ) contract. After collaborating with the Army on a successful
“Test, Fix, Test” process, Palantir will support the Army as they
proceed through final testing and fielding.
Palantir will deploy the Palantir Gotham Platform to support
Army Intelligence users worldwide with a globally federated
Intelligence data fabric and analytics platform spanning multiple
security classifications. This capability will field modern data
integration, correlation, fusion, and analytic capabilities that
prepare the Army for the next fight against emerging near peer
threats.
The Gotham platform is an operating system for defense decision
making and is specifically designed to connect the dots between
disparate sources. The Army Intelligence community will use this
capability to modernize their data foundation by migrating legacy
programs to CD-2. The Army will also use CD-2 to serve as an
enabler for future modernization efforts supporting Joint All
Domain Operations.
CD-2 is one of several efforts Palantir is working on with PEO
IEW&S to modernize the Army’s intelligence enterprise,
alongside Capability Drop 1 (CD-1) and the Tactical Intelligence
Targeting Access Node (TITAN) programs.
“We look forward to the continued partnership with PEO IEW&S
and the Army’s Intelligence Community in providing new and exciting
technology that help them in their modernization efforts,” said
Doug Philippone, Palantir’s Global Defense Lead.
About Palantir Technologies
Palantir Technologies is a software company that builds
enterprise data platforms for use by organizations with complex and
sensitive data environments. From building safer cars and planes,
to discovering new drugs and combating terrorism, Palantir helps
customers across the public, private, and nonprofit sectors
transform the way they use their data. Additional information is
available at https://www.palantir.com.
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This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements may relate to, but are not limited to,
Palantir’s expectations regarding the amount and the terms of the
contract and the expected benefits of our software platforms.
Forward-looking statements are inherently subject to risks and
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Forward-looking statements are based on information available at
the time those statements are made and were based on current
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customer’s ability to modify or terminate the contract. Additional
information regarding these and other risks and uncertainties is
included in the filings we make with the Securities and Exchange
Commission from time to time. Except as required by law, we do not
undertake any obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future developments, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20211005006168/en/
Media Contact Lisa Gordon media@palantir.com
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