'Palantir Hires China Hawk Mike Gallagher' - Axios
Portfolio Pulse from Benzinga Newsdesk
Palantir Technologies has hired former Rep. Mike Gallagher to lead its defense business, aiming to boost U.S. government contract growth. Gallagher, known for his strong stance against China, aligns with Palantir's strategic focus on defense and innovation.
August 22, 2024 | 12:22 pm
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Palantir Technologies has appointed Mike Gallagher, a known China critic, to lead its defense business. This strategic hire is expected to enhance Palantir's growth in U.S. government contracts, aligning with its defense-focused strategy.
The hiring of Mike Gallagher, a prominent figure with a strong stance against China, is likely to strengthen Palantir's position in securing U.S. government contracts. This aligns with the company's strategic focus on defense, potentially leading to increased revenue and stock price appreciation.
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