07:36 AM EDT, 09/20/2024 (MT Newswires) -- Palantir Technologies ( PLTR ) said Friday it has been awarded a $99.8 million contract by the DEVCOM Army Research Lab, extending access to its Maven Smart System across the Army, Air Force, Space Force, Navy, and Marine Corps.

The contract supports artificial intelligence-enabled battlespace awareness, managing force, logistics, global integration and joint fires and targeting workflows, Palantir ( PLTR ) said.

Palantir's ( PLTR ) shares were down 2.5% in recent premarket activity.

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