Overview
- Boeing Defense, Space & Security will deploy Palantir’s Foundry across more than a dozen production lines to standardize data analytics and accelerate output.
- Palantir will also provide AI expertise for undisclosed classified and proprietary efforts that support sensitive military missions.
- Bank of America raised its Palantir price target to $215, highlighting faster AI-driven adoption and the role of forward-deployed engineers in scaling deployments.
- Palantir reported roughly 48% year-over-year revenue growth to nearly $1 billion in Q2 and lifted full-year guidance to about $4.14–$4.15 billion.
- Analysts reported a five-year, up-to approximately $1 billion strategic partnership with the U.K. Ministry of Defence, and NATO previously selected Palantir’s Maven Smart System in April.