8 Articles
8 Articles
Palantir Stock Falls Amid Tech Rout. But Analyst Expects Upside From U.S. Army Contract.
Palantir stock tumbled Friday, dropping below its 50-day line. But a Wall Street analyst pointed to good news involving a U.S. Army contract. The post Palantir Stock Falls Amid Tech Rout. But Analyst Expects Upside From U.S. Army Contract. appeared first on Investor's Business Daily.
Army’s Course Correction a Win for Palantir, Says William Blair - Wall Street Pit
Palantir (PLTR) saw its stock decline 4.71% to $85.85, with a further 1.40% drop to $84.65 in Friday's after-hours trading, amid news of the U.S. Army suspending its Army Data Platform 2.0 program. The Army’s decision to stick with Palantir’s Vantage platform, generating $115M annually, positions the company as the…
US Army awards $450M contract for climate control systems – Monkey Viral
The U.S. Army has awarded HDT Expeditionary Systems Inc. a contract worth up to $450 million to supply improved environmental control units (IECUs) designed to maintain optimal climate conditions in field operations, according to a Department of Defense contract announcement released this week. The 10-year hybrid contract—structured as cost-no-fee and fixed-price with economic price adjustment—was […]
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