Palantir Technologies has secured a five-year, $85.1 million contract to provide software services in support of the U.S. Army Materiel Command’s supply chain optimization efforts.
The Denver-based contractor said Thursday its software will be used to develop and implement an artificial intelligence/machine learning-enabled prognostic and predictive maintenance models to enhance equipment availability.
The award is aimed at driving supply chain optimization, increasing equipment reliability and ensuring continued logistics operations in contested environments.
The software company secured the contract following a competitive prototyping process.
Palantir earlier received a contract extension valued at $229 million to continue working with the Army Research Laboratory on the experimentation and implementation of artificial intelligence and machine learning applications across the U.S. military.
