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Peter Thiel on Fox & Friends in Aug. 2019. Photo: John Lamparski/Getty Images

The Defense Department announced on Friday that it cinched a roughly $110 million contract with Palantir, the data-mining company founded by billionaire investor Peter Thiel, the Washington Post reports.

The big picture: Palantir already holds more than $1.5 billion in federal government contracts — just over $1 billion of which was with the Defense Department, as of August. The company, founded in 2004, has partnered closely with the agency since its inception, when it reportedly worked on projects in Afghanistan and Iraq.

Details: The newly announced $110 million deal is the first installment of "a four-year, $440 million program called Vantage, formerly known as Army Leader Dashboard," per the Post.

  • Doug Philippone, head of Palantir's operation in D.C., told the Post that "the project will allow military agencies to harness data to make better strategic decisions."

Go deeper: Report blasts Palantir for ICE work, Trump ties

Go deeper

China's crypto throwdown

Illustration: Sarah Grillo/Axios

China's latest move to ban cryptocurrency shows how tough it will be for the technology to deliver on its backers' vision of disruptive, decentralized change.

The big picture: Control of the currency is a foundation of sovereignty, and governments don't plan on losing that control even as money inevitably turns digital.

D.C. homicides fueled by rundown properties

Illustration: Sarah Grillo/Axios

Angela Washington was the last line of defense for residents at the Oak Hill Apartments in Southeast besieged by gun violence. Then, on the evening of Sept. 21, the 41-year-old special police officer was shot to death.

Why it matters: The District’s spike in gun violence is being linked partly to rundown properties that city officials and residents say have become magnets for criminal activity.

Biden's reengineer-America moment

Illustration: Sarah Grillo/Axios

The Senate's bipartisan $1.2 trillion infrastructure bill and President Biden's $3.5 trillion spending package could live or die this week — and take Democrats' fortunes with them. But all the minute-by-minute political drama obscures how much America could change if even a fraction of it passes.

The big picture: Anything short of total failure could have a transformative impact on day-to-day life — from how we move around to our access to the internet, paid family leave and child care, health care and college.

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