Palantir and Lockheed Martin: A New Partnership
A brand new deal was just launched by Palantir and Lockheed Martin!
We got Palantir earnings recently. Earnings were okay, not amazing, not horrible given this macro condition. Palantir had $800 million worth of governmental deals in September, but it's been relatively quiet over the past couple of months for commercial deals.
FoundryCon was amazing, if you haven't gotten the chance to watch yet I highly recommend you do. We got to see a bunch of customers and got to hear from them on the different ways they use Palantir. Tyson Foods was my personal favorite, hearing their CTO say they saved 200 million dollars from using Palantir software was pretty impactful. Hopefully that event is able to manifest itself into new contracts for Palantir such as this one with Lockheed.
Accelerating Tomorrow's Naval Combat System
A collaboration with Lockheed Martin focused on using Apollo to accelerate Lockheed’s Aegis and future integrated combat system software.
delivering modern software today to support tomorrow's Navy combat systems by leveraging Lockheed Martin's deep technical experience and Palantir’s Apollo platform.
The collaboration focuses on driving Innovation and working closely with the US Navy to modernize its combat systems. At the surface, Lockheed Martin and Palantir have come together to solve some of the most complex challenges that arise in the rapid and secure delivery of software to where it's needed most in heterogeneous environments.
The entire point of Apollo is to enable software development and deployment in high stress environments in real time. Many platforms, when undergoing software updates, need to shut down and go offline in order to execute. Apollo offers something called autonomous deployment, it allows developers to write and deploy software that includes the applications requirements and enables teams to work closely on software asynchronously.
For something like Apple, updating IOS on your phone, they can take control and restart your device while you sleep. This is not practical for Lockheed working with the Navy. Imagine pushing an update in a much more severe and complicated environment. One where you can't afford to go offline even for a minute.
The Navy has thousands of different things happening almost instantaneously. Apollo enables Lockheed to issue system enhancements without going offline, all while multiple dev teams are trying to get real real-time feedback and performance reporting.
Now a couple quotes:
“The Navy needs capability to update software at the edge rapidly and securely to address ever evolving threats. Lockheed Martin is investing in skills, capabilities, tools, and infrastructure to deliver the best software to the warfighter efficiently and affordably. Palantir’s Apollo is central to these efforts. Apollo addresses last-mile delivery challenges and performs automated software deployment and management across secure government networks, cloud environments and on-platform environments” said Joe DePietro, Vice President & General Manager for Naval Combat and Missile Defense Systems at Lockheed Martin.
One of the things that's important here to recognize is the concept of what Palantir is doing for the future.
Deals like this are to establish a foundation of who is going to win in 2030.
Lockheed Martin could have picked other companies to try and implement this with. They could have picked Microsoft, Amazon, Siemens, there is a very large list of defense software companies to choose from.
Microsoft is releasing multiple Palantir knockoffs. I'm sure if approached, they would happily scrap together a system to compete with Palantir’s Apollo.
At the end of the day, Lockheed Martin chose The best technology on the market to help them integrate real time updates for their Navy Combat Systems.
Partnerships like these are more critical to Palantir’s success because they lay the foundation for new deals in the future, especially in the defense space.
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