Army awards Palantir enterprise deal worth up to $10 billion
The U.S. Army awarded Palantir a 10-year Enterprise Agreement consolidating 75 existing contracts, with a spending cap of up to $10 billion.
What happened
The Army announced on July 31, 2025 that it consolidated 75 contracts into a single Palantir Enterprise Agreement whose ceiling is 'up to' $10 billion over 10 years; the Army stated this is the maximum potential value, not obligated dollars. Palantir was co-founded by Trump ally and megadonor Peter Thiel; CEO Alex Karp reportedly gave $1M to MAGA Inc. and $1M to the inauguration committee. Figures are the contract ceiling, not amounts spent, and represent public cost rather than money to the Trump family.
Why it matters
The Army awarded Palantir a 10-year enterprise agreement with a ceiling up to $10B; Palantir was co-founded by Peter Thiel, and CEO Alex Karp gave $1M to MAGA Inc. and $1M to the inauguration. A very large award to a donor-linked firm raises contracting-favoritism concerns.