Bert Monro, CEO at Cora Gold gave a positive operational update at our London South East webinar. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE
Atlantic Lithium CEO upgrades Ghana lithium project Scoping Study, payback in 1 year
Atlantic Lithium CEO upgrades Ghana lithium project Scoping Study, payback in 1 yearView Video
ValiRx CEO confirms the TheoremRx deal remains 'on track' with payments expected before year-end
ValiRx CEO confirms the TheoremRx deal remains 'on track' with payments expected before year-endView Video

Latest Share Chat

Palantir elbows out BAE Systems and Raytheon for U.S. Army contract

Wed, 6th Oct 2021 15:56

(Sharecast News) - Palantir elbowed out Raytheon and BAE Systems to clinch a contract with the U.S. Army to refresh part of the core of its intelligence network.
The company's win in the fight for the seven-year deal worth about $800m was but the latest fruit of its 2016 lawsuit that allowed the outfit to break into the broader military market, according to Doug Cameron at the Wall Street Journal.

It also echoed SpaceX's entry into the Air Force market after recourse to the courts to muscle past Boeing and Lockheed Martin.

In 2020 the company's cumulative Army billings amounted to just $232m.

As of 1549 BST, shares of Palantir were 3.23% higher at $23.96, while BAE Systems was off by 0.67% to 561.20p and Raytheon was down by 1.08% to $87.78.

Related Shares

More News

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

23 Nov 21 16:00

IN BRIEF: BAE Systems buys US military simulation software firm

IN BRIEF: BAE Systems buys US military simulation software firm

11 Nov 21 10:06

BAE to buy US training software maker for undisclosed sum

(Sharecast News) - BAE Systems said it had reached a deal to buy Bohemia Interactive Simulations, a developer of advanced military simulation and training software for an undisclosed sum.

11 Nov 21 08:36

New sustainability apprenticeships launched by BAE Systems

New sustainability apprenticeships launched by BAE Systems

11 Nov 21 05:39

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.