Palantir Nears $1B UK Military AI Contract Amid Trump Visit
Palantir Technologies stands to secure a £750 million ($1B) defense contract with the UK Ministry of Defence during President Trump's state visit. The AI-powered battlefield targeting system WOULD mark a significant expansion of its existing Royal Navy partnership, despite the stock dipping 3% on announcement.
The platform integrates disparate data streams—from warship tracking to personnel records—creating a unified operational picture. This follows Palantir's growing footprint in government AI solutions, though markets initially reacted coolly to the news.