Software & Hardware Platform
Context on Palantir $111 Million SOCOM Renewal
28 May, 2021 2:33 pm
Known as the All Source Information Fusion (ASIF) contract, the program has averaged $55 million/year since it was awarded in May 2016. The new award allocates $52.5 million for the first year, with an expected two-year value of $111 million, indicating it isn't likely to generate incremental revenue.