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Palantir, a leading data analytics company, has secured significant contracts with the U.S. Army. It was awarded a $500 million contract and another worth $178 million, known as the TITAN contract. The latter deal caused a spike in Palantir's stock prices. The Army contract valued at $178.4 million underscores Palantir's growing importance in providing advanced data analytics solutions to government agencies and highlights its capabilities in handling large-scale, complex projects.

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