Palantir and Anduril Form Consortium with SpaceX, OpenAI for $850 Billion Pentagon Contract Bid, Expected January 2024

Dec 22, 2024, 07:06 PM

Palantir Technologies and Anduril Industries are reportedly in discussions with approximately a dozen technology firms, including SpaceX and OpenAI, to form a consortium aimed at bidding for U.S. government defense contracts. The collaboration is intended to challenge the existing defense industry landscape, which is often dominated by established players. The consortium's goal is to secure a share of the U.S. defense budget, estimated at $850 billion. An announcement regarding this partnership could be made as early as January 2024, according to sources. The Financial Times has indicated that this initiative may include other companies such as Saronic and Scale AI, further expanding the coalition's reach within the defense sector.