Give Palantir up to $244M through 2028, says internal Defense Department memo

EXCLUSIVE US Deputy Secretary of Defense Stephen Feinberg has drafted a memorandum directing Defense Department subordinates to purchase up to $243.9 million in services from AI-enabled data analytics biz Palantir through March 31, 2027, without a competitive bidding process, The Register has learned. The August 4th, 2026, memo calls for what would effectively be a sole-source or no-bid consulting contract. Its subject line is "Funding Palantir." It's unclear, our source told us, whether the deal has been finalized. Palantir has reportedly been the beneficiary of several such contracts, including a $3.9 million no-bid USDA contact that could reach up to $13.3 million and a $30 million no-bid contract with ICE. Last year, it signed a deal...

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