The US Army’s program executive office for enterprise information systems (PEO EIS) has exercised its second option to extend its Army Vantage programme partnership with Palantir Technologies for one more year.
The Army Vantage platform, powered by Palantir’s software, is a data-driven operations and decision-making platform for the US Army.
The system provides near real-time visibility and controlled access to disparate data sources on a single platform. It was set up to facilitate data-driven decision making processes and to increase personnel readiness.
Last year, Army Vantage launched an application to enable command teams to plan, avoid, and manage risky behaviours among soldiers, and enhanced the US Army’s process for weapons accountability.
It offered leaders insight into the US Army’s Covid-19 inventory and soldier immunisation data.
Palantir was originally selected to power Army Vantage in December 2019. The $458m production agreement had a one-year base period and three option years.
In the base year, Palantir received $110m. The company received an additional $113.8m in December 2020 when PEO EIS executed the first option.
The second option will provide Palantir with $116.3m.
Palantir Technologies Global Defence Lead Doug Philippone said: “The Army Vantage programme is the cornerstone of the Army’s ability to make data driven decisions across the force.
“This partnership reinforces what the industry and government can do at speed to solve hard problems.”
US-based software firm Palantir Technologies specialises in large-scale data analysis.
In August, geospatial intelligence company BlackSky and Palantir completed a joint pilot project that will help defence and intelligence customers in future events.