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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Trump Eyes Shyam Sankar For Pentagon Role While Palantir Gains From Border Crisis Contracts — Analyst Says, 'This Is A Win For The Stock'

Palantir Technologies Inc. (NYSE:PLTR) has emerged as a pivotal player in government technology and artificial intelligence, with its influence expanding from immigration enforcement to potential Pentagon leadership.

What Happened: The company’s Chief Technology Officer, Shyam Sankar, is being considered for the Pentagon’s top research and engineering position, Politico reported on Wednesday, citing two sources close to the transition team. Sankar has advocated for reforming the Pentagon’s acquisition system and criticized the defense industry’s consolidation.

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