Boeing (NYSE:BA) said Tuesday it will work with Palantir Technologies (NASDAQ:PLTR) to bring artificial intelligence into its defense operations, spanning both military programs and manufacturing sites.
Under the agreement, Boeing’s defense division will adopt Palantir’s Foundry platform to unify data analytics across facilities that produce aircraft, missiles, satellites, and other systems. The companies said Palantir will also contribute AI support for several classified and proprietary defense projects tied to sensitive military missions.
Boeing shares gained 2% to close at $216.34 on Sept. 23 following the announcement.
The partnership comes as defense contractors accelerate investments in AI amid heightened global tensions. Palantir executives, including co-founder and CEO Alex Karp, have argued that advanced technology is essential for protecting Western democracies against strategic competitors such as China.
Palantir, founded in 2003 with early backing from the CIA, has become a major supplier of AI-driven data platforms to the Pentagon and allied militaries, while also expanding into commercial sectors like health care and finance. In the U.K., the company recently committed £1.5 billion in investment after winning a Ministry of Defence contract to expand AI use.
The company has also introduced “Warp Speed,” a program tailored to defense and industrial clients that already includes Lear, Sierra Nevada and L3Harris Technologies (LHX).