US agency withdraws military-intel bid after Palantir protest
The U.S. Defense Intelligence Agency has withdrawn its solicitation to build a next-generation military-intelligence analysis system used in targeting, following a formal protest Palantir filed in May, Bloomberg reported on July 24. Palantir had argued the government was pursuing a new platform despite the availability of commercially deployed software; the withdrawal pauses the roughly eight-year MARS (Machine-Assisted Rapid-Repository System) effort and may force the agency to rethink its acquisition approach. Palantir shares edged higher on the report.
/ Sources
/ About this story
Compiled by Venture Atlas from the sources above, using automated AI-assisted research. This is a summary of reporting published elsewhere, not original reporting - follow the source links for the full account. See our editorial standards.
Something wrong here? Email apostructura@gmail.com and we will fix it.