Palantir: NEW Revenue Streams | Time to HODL | PLTR Stock News 🚀
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#PALANTIR #PLTR #INVESTING Palantir’s cutting-edge technology has disrupted one of the most closed-off markets in the world as they continue to increase their market share amount the US government’s defense budget. Palantir won a lucrative contract from the U.S. Army with a potential ceiling of $823 million spread out over 7-years. This contract can move the top-line numbers on a quarterly basis and improve operating margins.
Palantir said in its S-1 filing, that its goal is to become the central operating system for all defense programs inside the United States. The company is already working with the U.S. Navy on data collection software, it's providing software support to the U.S. Air Force, Space Force, Veterans Affairs and has been working with other US military agencies in the last few years. Then you add in that the U.S. Army chose Palantir to be the sole winner of this major contract and you can see Palantir’s vision starting to piece itself together.
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