The US Army reshaped its information technology buying model with its new 10-year market-defining contract with Palantir Technologies.
The enterprise licensing agreement consolidates 75 of the software company’s prime and subcontracts into a single contract worth as much as $10 billion over the next decade, according to the July 31 announcement.
The deal comes just four months after the Army abruptly canceled plans for one of its largest software acquisitions — the $10 billion Modern Software Development contract opportunity. The timing suggests a strategic move by the Army to streamline its IT acquisition strategy and reduce costs to better ...