Palantir bags a $300M USDA glow-up deal

New deal, same Palantir playbook

Palantir just scored a $300 million Blanket Purchase Agreement with the USDA, and yes, that’s as government-contract-y as it sounds. The mission: help modernize how the department serves farmers and support the National Farm Security Action Plan.

Why investors care

This is the kind of deal Palantir loves: big, bureaucratic, and likely sticky. Government contracts can take forever to win, but once they’re in place, they tend to behave like that one subscription you forgot to cancel—hard to shake and annoyingly reliable.

What the USDA wants

The partnership is aimed at:

• Modernizing service delivery for farmers
• Improving agricultural security
• Strengthening food supply resilience

Palantir framed it as part of a push to give farmers better technology, which is a nicer way of saying the USDA wants its back-end systems to stop feeling like they were built during the dial-up era.

The market angle

PLTR shares were already getting a lift in premarket trading, and this deal gives bulls another reason to argue that the company’s federal business is still very much alive and kicking. For a stock that trades like it’s part software company, part national-security bet, every headline like this matters.

Big picture: this won’t change the world overnight, but it does reinforce Palantir’s core narrative—big contracts, deep government ties, and enough recurring demand to keep investors glued to the story.