SA: Palantir wins FAA nod for data analytics tool

SEEKING ALPHA reports:

– The FAA has contracted Palantir Technologies (NYSE:PLTR) to provide a data analytics tool that will help improve the agency’s modernization goals for aviation safety.

– Palantir Foundry will support the FAA’s aircraft certification and continued operational safety activities, including the ongoing monitoring of the 737 MAX fleet’s return to service.

– The one-year contract with two additional option years is valued at a maximum of $18.4 million…

To read the full post, please click here (free reg. is required).

Now you may also want to read this: “FAA selects Palantir for aircraft certification safety monitoring solution“.