Palantir Extends Counterterrorism Tech Partnership with French Intelligence
Palantir Technologies Inc. (PLTR) secures a three-year renewal of its contract with France's General Directorate for Internal Security (DGSI), extending a decade-long collaboration. The agreement includes access to Palantir's proprietary analytics platform alongside integration support services—strengthening France's push for technological sovereignty in national security operations.
Government contracts now represent 56% of Palantir's $2.3 billion annual revenue, with public sector gross margins holding steady at 81%. The DGSI renewal follows recent expansions with NATO and the UK National Health Service, demonstrating sticky demand for the company's defense-tech solutions despite activist short-seller campaigns.