Boeing Defense, Space & Security Partners With Palantir Technologies Inc. (PLTR) For AI Adoption

Palantir Technologies Inc. (NASDAQ:PLTR) is among the Renaissance Technologies Portfolio: 10 Biggest Stocks. During the recent Air, Space & Cyber Conference, Boeing and Palantir announced that the two companies are partnering to integrate AI systems and software across the plane maker's defense and space units.

The tie-up is set to help the aerospace firm in standardizing data analytics across its production lines. Boeing has also tapped Palantir Technologies Inc. (NASDAQ:PLTR) to supply AI expertise and capabilities for several undisclosed, classified military projects.

In a press release on September 23, Boeing said that it would leverage Palantir Technologies Inc. (NASDAQ:PLTR)’s Foundry platform, which uses artificial intelligence to unify disparate and complex systems through a streamlined and intuitive user interface.

Mike Gallagher, the Head of Defense at Palantir Technologies Inc. (NASDAQ:PLTR) shared the following remarks on the partnership:

“Palantir and Boeing Defense, Space & Security are committed to delivering dominant capabilities to the warfighter to deter conflict and defend the homeland. This partnership will turbocharge production and innovation, allowing Boeing and Palantir to bring cutting-edge technology to current and next-generation defense programs. America’s enemies aren’t slowing down and neither can we.”

Palantir’s shares rose following the news on Tuesday and closed 2% higher. The stock has had impressive returns in 2025, gaining 137% YTD.

While we acknowledge the potential of PLTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.