Tuesday, March 24, 2026
No Result
View All Result
equitytracknews.com
  • Home
  • Mortgage
  • Real Estate
  • Financial
  • Stocks
  • Investing
  • Markets
  • Startups
  • Trading
  • Personal Finance
  • Home
  • Mortgage
  • Real Estate
  • Financial
  • Stocks
  • Investing
  • Markets
  • Startups
  • Trading
  • Personal Finance
No Result
View All Result
equitytracknews.com
No Result
View All Result

Palantir, Anduril join forces with tech groups to bid for Pentagon contracts, FT reports By Reuters

December 22, 2024
in Financial
Reading Time: 2 mins read
0 0
A A
0
Home Financial
Share on FacebookShare on Twitter

[ad_1]

(Reuters) – Knowledge analytics agency Palantir Applied sciences (NASDAQ:) and protection tech firm Anduril Industries are in talks with a couple of dozen opponents to kind a consortium that can collectively bid for U.S. authorities work, the Monetary Occasions reported on Sunday.

The consortium, which might announce agreements with different tech teams as early as January, is predicted to incorporate SpaceX, OpenAI, autonomous shipbuilder Saronic and synthetic intelligence knowledge group Scale AI, the newspaper stated, citing a number of folks with data of the matter.

“We’re working collectively to offer a brand new technology of defence contractors,” an individual concerned in growing the group advised the newspaper.

The consortium will carry collectively the heft of a few of Silicon Valley’s most dear firms and can leverage their merchandise to offer a extra environment friendly means of supplying the U.S. authorities with cutting-edge defence and weapons capabilities, the newspaper added.

Palantir, Anduril, OpenAI, Scale AI and Saronic didn’t instantly reply to a Reuters request for remark. SpaceX couldn’t be instantly reached for a remark.

Reuters reported earlier this month that President-elect Donald Trump’s deliberate U.S. authorities effectivity drive involving Elon Musk might result in extra joint tasks between large protection contractors and smaller tech companies in areas resembling synthetic intelligence, drones and uncrewed submarines.

Musk, who was named as a co-leader of a authorities effectivity initiative within the incoming authorities, has indicated that Pentagon spending and priorities will probably be a goal of the effectivity push, spreading anxiousness at protection heavyweights resembling Boeing (NYSE:) , Northrop Grumman (NYSE:) , Lockheed Martin (NYSE:) and Normal Dynamics (NYSE:) .

Musk and lots of small protection tech companies have been aligned in criticizing legacy protection packages like Lockheed Martin’s F-35 fighter jet whereas calling for mass manufacturing of cheaper AI-powered drones, missiles and submarines.

Such views have given main protection contractors extra incentive to associate with rising protection expertise gamers in these areas.

[ad_2]

Source link

Tags: AndurilbidContractsForcesgroupsJoinPalantirPentagonreportsReutersTech
Previous Post

The biggest flops and fizzles in 2024 transportation, from Apple Car to Fisker | TechCrunch

Next Post

Dollar General Penny List & Clearance | 12/24/2024 – Penny Pinchin’ Mom

Related Posts

March CPI higher than expected, housing prices rise
Financial

March CPI higher than expected, housing prices rise

April 15, 2025
Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push
Financial

Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push

April 15, 2025
IndusInd Bank notes Rs 1,979 cr hit to net worth due to derivatives lapse, impact to reflect in FY25
Financial

IndusInd Bank notes Rs 1,979 cr hit to net worth due to derivatives lapse, impact to reflect in FY25

April 15, 2025
UniCredit gains German cartel office nod for Commerzbank stake hike
Financial

UniCredit gains German cartel office nod for Commerzbank stake hike

April 15, 2025
Dolly Khanna adds over 5 lakh shares in this smallcap stock, raises stake to 2.18%
Financial

Dolly Khanna adds over 5 lakh shares in this smallcap stock, raises stake to 2.18%

April 15, 2025
Japan’s population falls by half million as birth rate stays low
Financial

Japan’s population falls by half million as birth rate stays low

April 15, 2025
Next Post
Dollar General Penny List & Clearance | 12/24/2024 – Penny Pinchin’ Mom

Dollar General Penny List & Clearance | 12/24/2024 - Penny Pinchin' Mom

Just Listed | 8246 Man O War Road

Just Listed | 8246 Man O War Road

The IRS is sending unclaimed stimulus funds via checks of up to ,400 each; here’s who is eligible

The IRS is sending unclaimed stimulus funds via checks of up to $1,400 each; here's who is eligible

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Pro Research: Wall Street eyes Visa’s growth and resilience By Investing.com

Pro Research: Wall Street eyes Visa’s growth and resilience By Investing.com

March 30, 2024
They Wanted a House in Chicago for Their Growing Family. Would 0,000 Be Enough?

They Wanted a House in Chicago for Their Growing Family. Would $650,000 Be Enough?

September 13, 2024
YouTube dominated Election Day as viewers guzzled 84 million hours of presidential news

YouTube dominated Election Day as viewers guzzled 84 million hours of presidential news

November 7, 2024
Hyundai Motor elevates US chief to co-CEO position as it braces for Trump By Reuters

Hyundai Motor elevates US chief to co-CEO position as it braces for Trump By Reuters

November 15, 2024
Bitcoin’s Millionaire Club Expands: Wallets with M+ Balances Triple in 2023

Bitcoin’s Millionaire Club Expands: Wallets with $1M+ Balances Triple in 2023

November 13, 2023
How mortgage lenders are thinking about AI in 2025

How mortgage lenders are thinking about AI in 2025

December 17, 2024
FHFA rolls out mortgage fraud tip line

FHFA rolls out mortgage fraud tip line

April 15, 2025
March CPI higher than expected, housing prices rise

March CPI higher than expected, housing prices rise

April 15, 2025
Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push

Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push

April 15, 2025
Just Listed | 5150 N Ocean Drive #1201

Just Listed | 5150 N Ocean Drive #1201

April 15, 2025
Former Tesla supply chain leaders create Atomic, an AI inventory solution | TechCrunch

Former Tesla supply chain leaders create Atomic, an AI inventory solution | TechCrunch

April 15, 2025
IndusInd Bank notes Rs 1,979 cr hit to net worth due to derivatives lapse, impact to reflect in FY25

IndusInd Bank notes Rs 1,979 cr hit to net worth due to derivatives lapse, impact to reflect in FY25

April 15, 2025

Get the latest news and follow the coverage of Mortgage and Real Estate, Financial. Stocks, Investing, Trading and more from the trusted sources.

CATEGORIES

  • Financial
  • Investing
  • Markets
  • Mortgage
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
  • Trading
Please enable JavaScript in your browser to complete this form.
By clicking the "SIGN UP FOR SMS UPDATES" button and submitting this form, I affirm that I have read and agree to this Site's Terms & Conditions and Privacy Policy. I consent to receive SMS text messages to my cell number provided above for notifications, alerts, and general communication purposes from FinancialsUp. I understand that I am not required to provide my consent as a condition of purchasing any products or services. I understand that I can opt-out of receiving text messages at any time by responding with STOP. I can reply with HELP to get help. Message and data rates may apply depending on your mobile carrier. Message frequency may vary.
Loading

LATEST UPDATES

  • FHFA rolls out mortgage fraud tip line
  • March CPI higher than expected, housing prices rise
  • Wipro Q4 Preview: Profit may dip 1% QoQ to Rs 3,319 crore; muted revenue likely despite mega-deal push
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Cookie Privacy Policy
  • Contact us

Copyright © 2023 equitytracknews.com.
equitytracknews.com is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Mortgage
  • Real Estate
  • Financial
  • Stocks
  • Investing
  • Markets
  • Startups
  • Trading
  • Personal Finance

Copyright © 2023 equitytracknews.com.
equitytracknews.com is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In