Palantir

The Army has awarded a $192M delivery contract to Palantir and Anduril for the TITAN platform, with eight platforms expected to be delivered over the next 18 months. The TITAN platform is a key component of the Army's modernization efforts.

Leonardo has signed a contract with the Brazilian Army for the production of the Centauro II armored vehicle. The contract is for an initial serial production of the vehicle.

The US military used AI to generate and prioritize targets in Operation Epic Fury, with the Claude system processing over 1,000 targets in 24 hours. The campaign ultimately reached 13,000 total strikes over 38 days. The use of AI has accelerated targeting and increased operational tempo.

The Pentagon's BOND program has informed a new memo on funding, sparking questions among Defense Department officials. The memo, referred to as 'Funding Palantir', has raised more questions than answers this week. DefenseScoop reports on the development, citing the nascent BOND program as a key influence.

The Pentagon plans to allocate up to $244 million for Palantir, with additional funding requested through 2028. This investment is outlined in a recent Pentagon memo, indicating a significant commitment to the company's technology.

Palantir's second-quarter revenue jumped 93 percent, despite criticism over its ties to Israel and role in military technology. The company's growth has been labeled as 'otherworldly'. Palantir's involvement in military technology has sparked controversy, particularly regarding its ties to Israel and the Gaza region.