Palantir Joins $185B Golden Dome Project With Anduril, $255 Price Target
Palantir is working with Anduril, Lockheed Martin and RTX to build the software 'glue layer' for the Pentagon's $185 billion Golden Dome missile shield, with testing due this summer. Its Maven Smart System’s Program of Record status and commercial revenue per customer near $900k support a $255 share price target.
1. Expanded Defense Role
Palantir and Anduril are collaborating to develop the core software 'glue layer' for the Pentagon's $185 billion Golden Dome missile defense system, integrating sensors, radars and interceptors into a unified network. Testing is slated for this summer, positioning Palantir alongside partners such as Lockheed Martin and RTX.
2. Maven Smart System Program of Record
Designation of Palantir’s Maven Smart System as a Pentagon Program of Record secures multi-year defense funding and deepens military integration, boosting visibility into future high-margin government revenue streams.
3. Strong Commercial Momentum and Valuation
With average revenue per customer approaching $900k and strategic partnerships like GE Aerospace expanding its enterprise footprint, Palantir underpins a $255 per share price target, reflecting confidence in both defense and commercial growth.