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Palantir Wins $111 Million U.S. Army Contract

By Chris Noble
· · Source: Bloomberg

Big data analytics firm Palantir has won a $111 million contract to provide software to link U.S. Army operations systems into a single dashboard, Bloomberg reported. The contract will represent about 10% of company’s revenue next year and could grow into a 4 year, $440 million deal. The deal strengthens Palantir’s ties with the U.S. government and reflects co-cofounder Peter Thiel’s views that...

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