Pentagon Plans Major Funding for Palantir Amid Transparency Concerns
The Pentagon has outlined plans to allocate up to $244 million to Palantir, with potential for additional funding through 2028. This decision, detailed in a draft Defense Department memo, has raised concerns about transparency and competition. The memo, issued by Deputy Defense Secretary Steve Feinberg, directs funding for Palantir's services to improve efficiencies within the defense industrial base. However, the lack of specific program details has led to criticism that the Pentagon may be bypassing federal rules designed to ensure transparency and reduce waste.