Palantir Technologies Inc. (PLTR), Wednesday announced a $300 million Blanket Purchase Agreement with the U.S. Department of Agriculture to support the National Farm Security Action Plan and modernize how USDA delivers services to America's farmers.
Through this agreement, Palantir would empower USDA with core capabilities that will enable it to secure American farmland, enhance supply chain resilience, and shield agricultural programs from fraud, abuse, and foreign adversary influence.
Additionally, Palantir is helping USDA's field staff with mobile digital tools that help them work efficiently, reduce administrative burdens, and accelerate services and payments to farmers.
PLTR is moving up 3.58 percent, to $151.20 on the Nasdaq.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.