US Navy bets $448 million on Palantir's ShipOS to modernize American shipbuilding operations

US Navy pledges $448 million to test if Palantir is seaworth

Palantir and the US Navy have signed a two-year deal to test whether its Foundry operational software can streamline the nation's shipbuilding efforts and steer the Secretary of the Navy's top budget priority into port. The $448 million contract will bring Palantir's technology to work on shipbuilders, shipyards, and critical suppliers, said US Secretary of the Navy John Phelan and Palantir CEO Alex Karp during a presentation Tuesday evening in Washington, D.C. The company is calling this particular program "ShipOS." "Every ship builder who partners with us will have AI power tools that optimize their work in real time. Every supplier in the network will be connected through intelligent logistics," Phelan said on stage according to U.S. Naval Institute News. "Every program manager will have unprecedented visibility into schedule, cost and risk. We're not just building ships faster. We're rebuilding American maritime industrial capacity for the AI age." Phelan listed strengthening US shipbuilding and the Maritime Industrial Base as the top priority of his $292.2 billion budget request for 2026, which called for 19 new battle force ships. The budget also invests $2.5 billion just for submarine builders to increase their "health and supply chain enterprise." Palantir's software will initially be deployed across two major shipbuilders, three shipyards, and 100 suppliers, all of which are part of the Maritime Industrial Base (MIB), a Navy program established in 2024 to revitalize US shipbuilding and repair. Palantir previously announced a deal with MIB to use its Warp Speed manufacturing software in July. That early work resulted in leaps in efficiency, according to a press release. At General Dynamics Electric Boat - which designs, builds, repairs and modernizes nuclear submarines for the U.S. Navy - submarine schedule planning was reduced from 160 manual hours to under 10 minutes. Portsmouth Naval Shipyard cut material review times from weeks to under one hour. In order to win more business, Palantir must deliver "measurable cost savings over time, improved schedules, reduced delays, and increased production efficiency, with productivity gains offsetting the initial investment while establishing a more capable and resilient industrial base," according to the announcement. Palantir's head of defense Mike Gallagher told reporters at Tuesday's event that it was now up to the software company to deliver the operational gains it has promised, according to Breaking Defense. "We have to prove the value," he said. "And then at the end of the two-year program, the companies, if we push ourselves, will take on the sustainment costs." Once its running, Foundry will aggregate data from enterprise resource planning systems, legacy databases, and operational sources to identify bottlenecks, streamline engineering workflows, and support proactive risk mitigation, the announcement stated. "This is another watershed deal for Palantir on the Foundry platform," Wedbush Securities analyst Dan Ives told El Reg. "Big step forward. We believe Palantir will be able to do this at scale." ®

Palantir's tool cuts US submarine planning from 160 hours to 10 mins

Secretary of the Navy John Phelan announced the initiative, known as the Shipbuilding Operating System (Ship OS), during the Department of the Navy's first Rapid Capabilities Office Industry Day. He was joined by Palantir Technologies CEO Alex Karp, whose company will provide the software foundation for the new system. "This investment provides the resources our shipbuilders, shipyards, and suppliers need to modernize their operations and succeed in meeting our nation's defense requirements," Phelan said. "By enabling industry to adopt AI and autonomy tools at scale, we're helping the shipbuilding industry improve schedules, increase capacity, and reduce costs. This is about doing business smarter and building the industrial capability our Navy and nation require." Ship OS is designed to serve as a unified, data-driven management system that integrates information from enterprise resource planning tools, legacy databases, and real-time production systems. Navy officials say the platform will help identify bottlenecks, streamline engineering workflows, and provide early warnings on schedule and material risks.

Why Is Palantir Technologies Stock Gaining Wednesday? - Palantir Technologies (NASDAQ:PLTR)

Palantir Technologies Inc. (NASDAQ:PLTR) teamed up with the U.S. Navy to deploy its Foundry and Artificial Intelligence Platform across the Maritime Industrial Base under the ShipOS program. The U.S. Navy partnered with Palantir Technologies to deploy Palantir's Foundry and Artificial Intelligence Platform across the Maritime Industrial Base through a new initiative called ShipOS, approving up to $448 million to speed the adoption of AI and autonomous technologies in shipbuilding. Navy Secretary John Phelan and Palantir CEO Alex Karp announced the program, which applies data-driven software to modernize complex, outdated shipbuilding processes and improve real-time decision-making across supply chains. Also Read: Palantir Targets America's AI Energy 'Bottleneck' With Chain Reaction And Nvidia Partnership Through the Maritime Industrial Base Program and Naval Sea Systems Command, ShipOS aggregates data from enterprise systems, legacy databases, and operational sources to identify bottlenecks and more. Pilot Results Show Major Efficiency Gains Early pilots showed sharp gains, with General Dynamics Electric Boat cutting submarine schedule planning from 160 hours to minutes and Portsmouth Naval Shipyard shrinking material review times from weeks to under an hour. The Navy will first roll out the software across submarine shipbuilders, public shipyards, and critical suppliers before expanding to surface ship programs. The program aims to cut costs, reduce delays, and boost output, while creating a more modern and resilient U.S. shipbuilding industrial base. Palantir stock has gained over 140% year-to-date, driven by AI-driven demand, commercial & government growth, and increased government contracts. New Partnership With Northslope Last Friday, Palantir expanded its partnership with Northslope to push wider adoption of its AIP platform and unlock additional enterprise value. Under the deal, Northslope became the first member of Palantir's new Vanguard: Elite network, strengthening Palantir's ecosystem and accelerating customer deployment of applied AI solutions. PLTR Price Action: Palantir Technologies shares were up 1.40% at $184.39 at the time of publication on Wednesday, according to Benzinga Pro data. Read Next: Cathie's Trimming, Burry's Shorting -- But Palantir Keeps Adding Contracts Like It Didn't Get The Memo Image via Shutterstock PLTRPalantir Technologies Inc$184.651.55%OverviewMarket News and Data brought to you by Benzinga APIs

Navy invests $448 million in Palantir tech to speed up shipbuilding...

WASHINGTON -- The Navy is making a massive bet on cutting-edge technology to modernize its fleet, pumping $448 million into AI and autonomous systems to supercharge shipbuilding efforts. "Ship OS" uses AI-giant Palantir's software to help streamline production, reduce costs and enhance the Navy's ability to build ships faster and more efficiently as the service addresses years-long woes over shipbuilding delays. With the funds, the Navy will focus on advancing artificial intelligence and autonomy across key areas, including ship design, construction and operational support, giving commanders unparalleled access to real-time intelligence. "This investment provides the resources our shipbuilders, shipyards, and suppliers need to modernize their operations and succeed in meeting our nation's defense requirements," Navy Secretary John Phelan said in a statement. "By enabling industry to adopt AI and autonomy tools at scale, we're helping the shipbuilding industry improve schedules, increase capacity, and reduce costs. "This is about doing business smarter and building the industrial capability our Navy and nation require." Officials are confident that these innovations will increase the speed and efficiency of the shipbuilding process, helping the Navy meet operational deadlines. The program is already providing "transformational" results, Palantir's head of defense and former Rep. Mike Gallagher (R-Wisc.) exclusively told The Post. "ShipOS turned 1,850 production days into 75 days of work for one supplier. It turned a 200 hour process into 12 seconds -- all while improving quality by 50%. And it eliminated 2,500 planning days at another," he said. "ShipOS is designed to make shipbuilders dominant, get taxpayers more bang for every shipbuilding buck, and ensure America continues to dominate the seas," he added. The Navy's move comes as global maritime competition continues with China rapidly modernizing its fleet -- which is already larger than America's. In response, the US military has been leaning into innovations like AI and robotics to stay ahead. The plan is part of a broader effort to modernize the Navy's fleet by incorporating advanced technologies into all stages of shipbuilding, from design and construction to deployment and maintenance, according to the service. By leaning on artificial intelligence to optimize workflows and automate key processes, the Navy hopes to shave years off the timeline for constructing new ships. "The initiative ... will aggregate data from enterprise resource planning systems, legacy databases and operational sources to identify bottlenecks, streamline engineering workflows and support proactive risk mitigation, providing a unified, data-driven approach to production management that enables faster, more informed decisions," the Navy said in a statement. The initiative falls in line with President Trump's push to support American AI initiatives, a key theme of his second term in office.

Palantir stock rises after securing $448 million U.S. Navy contract By Investing.com

Investing.com -- Palantir Technologies Inc. (NYSE:PLTR) stock rose 1.4% in pre-market trading Wednesday after the company announced a partnership with the U.S. Navy to modernize the nation's Maritime Industrial Base through its ShipOS initiative. The contract, valued at up to $448 million, will deploy Palantir's Foundry and Artificial Intelligence Platform (AIP) across the Navy's shipbuilding operations. The initiative aims to streamline the supply chain, accelerate production, and improve efficiency in naval shipbuilding. Secretary of the Navy John Phelan described ShipOS as "a new way of doing business" that will provide decision-makers with "complete, accurate, real-time feedback across the supply chain." The announcement was made during an industry event where Phelan appeared alongside Palantir CEO Alex Karp. The software implementation has already shown promising results during pilot deployments. At General Dynamics Electric Boat, submarine schedule planning was reduced from 160 manual hours to under 10 minutes, while Portsmouth Naval Shipyard cut material review times from weeks to under one hour. The initiative will initially focus on Submarine Industrial Base shipbuilders, shipyards, and critical suppliers, with the software being deployed across two major shipbuilders, three public shipyards, and 100 suppliers. The Navy plans to expand the program systematically based on lessons learned. This partnership represents a significant government contract win for Palantir, which has positioned itself as a key technology provider for U.S. defense and intelligence agencies. The company's software will aggregate data from various systems to identify bottlenecks, streamline workflows, and support proactive risk mitigation in the complex shipbuilding environment. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Palantir wins US Navy contract to deploy AI system across submarine fleet By Investing.com

Investing.com-- The U.S. Navy has struck a $448 million deal with Palantir Technologies (NASDAQ:PLTR) to deploy a bespoke AI-driven maintenance and logistics platform dubbed ShipOS, initially focused on the U.S. submarine fleet. Navy Secretary John Phelan, joined by Palantir CEO Alex Karp, said on Tuesday the move aims to modernise supply-chain management, shorten maintenance cycles, and improve readiness for undersea vessels. Officials noted that early pilots reduced submarine schedule-planning time from roughly 160 manual hours to under 10 minutes, and slashed material review delays from weeks to under an hour. Phelan said the agreement will begin with submarine programmes but may later extend to other platforms, such as aircraft carriers and fighter jets.