Palantir's Pentagon Deals Look Big — Until You See What's Actually Billable

Palantir Technologies Inc‘s (NASDAQ:PLTR) new $10 billion Army analytics award and $385 million Veterans Affairs AI contract made waves in Washington and on Wall Street. Yet government spending data show only about $10 million of the $10 billion Army contract is currently obligated — and the VA award has no recorded obligations so far.That gap between ceiling and cash raises a deeper question about how quickly these deals can move from contract win to booked revenue. Palantir was contacted by Benzinga for c ...