Yes, You Read That Right. Palantir Just Won $10 Billion From the U.S. Army.

When you follow the U.S. Pentagon's daily digest of contract awards as regularly as I do, things sometimes tend to blend together. Don't get me wrong -- $1 billion here, $1 billion there, and it eventually becomes clear that the government is spending "real money" on military hardware. Still, most of the contracts described on the Pentagon's website tend to be much smaller in size -- $10 million here, a few tens of millions there.All of which I tell you by way of illustrating that when all of a sudden, the U.S. Army announced last month that it's awarding a $10 billion contract to defense contracting upstart Palantir (NASDAQ: PLTR), that made me sit up and take notice. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool