US Army pools contracts into up to $10 billion Palantir deal


FILE PHOTO: Palantir logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -The U.S. Army on Thursday said it was consolidating dozens of contracts into a single enterprise deal with Palantir, 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.

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