Palantir Technologies (PLTR), the data and AI software firm, is taking on a major new job for the U.S. Navy. The service has picked Palantir to help fix long delays in building nuclear submarines, hoping the company’s tools can spot problems sooner and keep construction on track.
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Navy Brings In Palantir to Clear Bottlenecks
The new effort, called ShipOS, will use Palantir’s Foundry and AI Platform to give shipyards and suppliers a clearer view of daily activity. The Navy believes better data flow can help teams spot slowdowns early and improve coordination across the supply chain.
The first rollout will cover two private shipbuilders and three public shipyards. While financial terms were not shared, the stakes are high: the Columbia-class program alone is expected to cost about $130 billion.
This deal also widens Palantir’s presence across the Pentagon. The company already supports key programs such as the Army’s TITAN intel system and the Maven Smart System used across several branches.
AI Tools Aim to Solve Real Delays
Submarine work has been held back by staff shortages, disconnected systems, and slow communication between suppliers. These issues have caused missed deadlines and higher costs. Palantir said its software can link data across major shipyards, helping teams find problems earlier and keep projects moving.
For investors, steady defense work continues to play an important role in Palantir’s growth, offering stable demand even when other markets face pressure.
Is PLTR a Good Stock to Buy Now?
Overall, Wall Street is sidelined on PLTR stock, with a Hold consensus rating based on three Buys, 11 Holds, and two Sell recommendations. The average PLTR stock price target of $183.07 implies 0.68% upside risk from current levels.
