Palantir Technologies Inc.’s stock fell 7.5% on Friday following a report that a battlefield communications system it worked on with defense tech firm Anduril Industries Inc. was seriously flawed — a claim both companies said was out of date and inaccurate. The report on Friday, published by Reuters, centered on a September Army memo expressing concerns over Anduril’s NGC2 prototype system, which stands for Next Generation Command and Control, and includes subcontractors Palantir and Microsoft Corp. A rep ...

Palantir (PLTR) shares are losing ground on Friday following reports a battlefield communication system the company co-developed with Anduril Industries has significant cybersecurity flaws. NGC2 – a platform designed to integrate real-time data across military assets – was flagged in an internal U.S. Army memo today as a “very high risk” system that could allow adversaries “persistent undetectable access.” More News from Barchart Despite the pullback, Palantir stock remains up some 175% versus its year- ...

Group 1: Golden Dome Program Overview - The "Golden Dome" air and missile defense shield is a focal point of discussions at the recent defense conference, with significant uncertainty surrounding its progress, budget, funding, and contract timing [2][3] - The estimated cost for the Golden Dome program ranges from $175 billion to potentially $252 billion over 20 years, with Congress having already appropriated $25 billion [4] - The program requires advanced interceptors and is expected to attract bids from major defense companies including Boeing, RTX, Northrop Grumman, and General Dynamics [5] Group 2: NGC2 Platform and Partnerships - The Army's Next-Generation Command and Control (NGC2) platform is a key component of the Golden Dome program, with an estimated cost of $3 billion and expected deployment in 2026 [6] - Anduril has been awarded a $99.6 million contract to develop NGC2 prototypes in partnership with Palantir and other companies [7] - Lockheed Martin has also received a $26 million contract for prototype development, indicating a competitive environment among defense contractors [8] Group 3: Palantir Technologies Insights - Palantir stock has seen a significant increase of approximately 136% in 2025, although it has retreated from an all-time high of 190 on August 12 [12] - The company is poised to win more U.S. government business, particularly during the Trump administration, and has gained retail investor interest due to its involvement in generative artificial intelligence [12] - Boeing's BDS unit plans to utilize Palantir's software platform in its defense factories, highlighting the company's growing influence in the defense sector [13] Group 4: Competitive Landscape - Anduril is emerging as a new challenger to established defense industry players, with a focus on developing autonomous systems and pilotless fighter jets [10] - Collaboration between Anduril, Palantir, and SpaceX on a satellite-based defense system proposal indicates a trend towards innovative defense solutions [11] - The integration of NGC2 as a foundational piece for a larger Space Dome data network emphasizes the importance of unified command-and-control systems in modern defense strategies [9]