A Palantir Technologies Inc. unit won a second chance Monday at a contract to build the next phase of the Army’s integrated combat data system, an undertaking potentially worth hundreds of millions of dollars.
The Army failed to adequately consider commercially available options for the system, effectively shutting out the Silicon Valley firm from bidding, a federal judge ruled. The judge barred the Army from awarding the contract and ordered it to restart the process of evaluating technology that already exists. The ruling puts Palantir USG back in the running.
At stake is the Army’s planned upgrade of its Distributed Common Ground System, a project that it’s been developing for more than 15 years at a cost of more than $6 billion. The firm that ends up winning the assignment will probably have a hand in designing the rest of the system and likely will become a key player in future iterations, meaning a steady stream of future revenue.
Read More- The Boston Globe
Image courtesy of Forbes
A Palantir Technologies Inc. unit won a second chance Monday at a contract to build the next phase of the Army’s integrated combat data system, an undertaking potentially worth hundreds of millions of dollars.
The Army failed to adequately consider commercially available options for the system, effectively shutting out the Silicon Valley firm from bidding, a federal judge ruled. The judge barred the Army from awarding the contract and ordered it to restart the process of evaluating technology that already exists. The ruling puts Palantir USG back in the running.
At stake is the Army’s planned upgrade of its Distributed Common Ground System, a project that it’s been developing for more than 15 years at a cost of more than $6 billion. The firm that ends up winning the assignment will probably have a hand in designing the rest of the system and likely will become a key player in future iterations, meaning a steady stream of future revenue.
Read More- The Boston Globe
Image courtesy of Forbes
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