Img SRC: Washington post

Big Data company Palantir won an 800$ million contract to develop a battlefield intelligence for U.S. army. Although Palantir has worked with the government in past,this is the very first time it has been named “a defence program of record, ” which generally means that this multi year project is a part of congressional budget.

Doug Philippone,head of Palantir’s defence business,said in a statement “Supporting soldiers in their critical missions ,and making sure they come home safely to their families, is a point of immense pride at Palantir. This is the main reason we started the company.”

What is the project all about?

Img SRC: defence news

The project for the Distributed Ground System will help the army to examine information on movements,terrains,and weather,as well as create real time maps and reports. It will allow the army to analyze the range of information about enemy movements.

Palantir defeated  Raytheon and wins the contract

Img SRC : market exclusive

There was a competition held between Palantir and Raytheon,which were both chosen by army on March 2018 for a 10-year, multiple award contract to transform the Army’s Intelligence network. The army tried out both the companies products before picking a winner. Though Palantir won the contract this time but Raytheon will still compete for future projects. Palantir is planning to go public at a valuation of $41 billion this year.

Img SRC: business insider

CEO of Palantir Alex Carp had said that it’s technology has been used in high stakes mission and can prevent terrorists. “Palantir defence allows warfighters to interact with all of their data from all of their systems from a single point of access in unrivalled ways,” the tech companies says on it’s site. No matter where the data is being accessed, Palantir Defence’s global knowledge management is capable of keeping a track of every read,write,and edit which preserves the accumulated knowledge of the battle space.

Philippone said, “We anticipate our partnership with the men and women of the U.S. army and will do everything and will make sure that this technology makes them more successful…”