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🚢 “Palantir Shares Rise After Securing $448 Million U.S. Navy Contract” 🚨🚨🚨

Palantir (PLTR) climbed higher on Wednesday after the company officially announced a $448 million deal with the U.S. Navy to support submarine maintenance and modernize its supply-chain operations. The agreement reinforces Palantir’s growing role as a critical technology provider within the U.S. defense ecosystem.

Under the multi-year contract, Palantir will deploy its software platforms to help the Navy improve fleet readiness, streamline logistics, and enhance the efficiency of its submarine maintenance programs. The deal highlights the military’s increasing reliance on advanced data platforms to manage complex operations.

Government Work Still Dominates Palantir’s Revenue Mix

While Palantir has aggressively expanded its commercial business—selling AI-powered data platforms to Fortune 500 companies—its largest and most reliable customer remains the U.S. government. Defense and intelligence contracts continue to drive the company’s long-term growth and validate its standing as one of the leading players in national security software.

This latest Navy deal adds to a string of government wins for Palantir, positioning the company strongly as federal agencies modernize their infrastructure with AI and real-time analytics.