Palantir (PLTR, Financial) scores a win as the Army ranks its AI-backed Titan battlefield intelligence truck among its top-performing programs, a Bloomberg review of an April report to Congress shows.

The report lists the Tactical Intelligence Targeting Access Node, or Titan, alongside four major systems—Next Generation Squad Weapon, Future Long-Range Assault Aircraft, Common Infrared defense and a new Guided Multiple Launch Rocket System warhead—as highest performers, with no big-ticket programs in the lowest tier.

Under a $178.4 million, two-year contract awarded last March, Palantir is building 10 Titan prototypes: three are already delivered, four more arrive by December 31, and the final three by March 30, 2026, Army spokesperson Brandon Pollachek told Bloomberg.

Each Titan package pairs a lightweight industrial truck with a same-size trailer housing backup power and a “space kit” for direct satellite data links, integrating feeds from terrestrial, aerial and high-altitude sensors into a single AI-driven targeting platform.

Palantir beat legacy defense giant RTX (RTX, Financial) for the Titan award and teamed with Anduril Industries, Northrop Grumman (NOC, Financial) and subcontractor L3Harris Technologies (LHX, Financial) to execute the program.

The Army's review praised Titan's “profound impact on tactical intelligence operations by providing a centralized platform” to collect, integrate and analyze multi-source data for precise direct- and beyond-line-of-sight targeting. The service noted that Titan “is a great example of a non-traditional software company competing for and successfully becoming the prime vendor for a software-centric, hardware-intensive program.”

This ranking underscores Palantir's successful push from pure-software into hardware-heavy defense applications, where the company is already under contract to advance its next-generation deep-sensing targeting system.

It also highlights the Army's growing reliance on AI and machine-learning tools to enhance battlefield situational awareness and decision-making. Given Palantir's reported $1.9 billion in annual government revenue and Services segment gross margins north of 70%, Titan's production scaling could meaningfully bolster the company's defense backlog and margin profile.

Investors should note that Titan now moves to combat-realistic operational testing and evaluation ahead of a potential full-rate production decision and initial fielding slated for 2027–28. The performance review and upcoming milestones solidify Palantir's credentials in defense, with the appeal process and prototype purchases set to drive further revenue visibility.