Palantir Technologies filed a legal protest against the U.S. Defense Intelligence Agency (DIA). The company alleges the agency is unlawfully building a custom data analytics system instead of evaluating commercial software options. Palantir is seeking to bid on the contract to modernize the DIA's core infrastructure.
London's deputy mayor blocked a Metropolitan Police contract with Palantir worth up to £50 million. Officials cited a clear and serious breach of procurement rules for the decision. Palantir’s UK head accused the mayor of putting politics above public safety.
Market reports indicate these international contract disputes are pressuring Palantir’s stock price.