By Reuters | Updated: August 1, 2025
July 31 (Reuters) – The U.S. Army on Thursday said it was consolidating dozens of contracts into a single enterprise deal with Palantir (PLTR.O), opens new tab, giving it volume-based discounts and the option to purchase up to $10 billion from the software provider over 10 years.
The deal does not commit the Army to any new purchases, it said in a press release.
The Army said the goal of this consolidation was to shorten procurement timelines and remove contract-related fees so it can deploy data integration and artificial intelligence tools faster.
Reporting By Jeffrey Dastin in San Francisco; Editing by Chris Reese
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