What Happened
Defense Tech Giants Expand Pentagon Business With Army Agreements
Palantir and Anduril have secured Army agreements worth up to $30 billion combined, with Palantir’s agreement capped at $10 billion and Anduril’s at $20 billion. The 10-year contracts are part of the Pentagon’s efforts to accelerate military drone procurement and expand its defense-tech capabilities. The agreements were announced as the federal fiscal year ended, with the Army describing the contracts as a maximum potential value, not specific obligations or commitments. This development was first reported by Observer.