Palantir's Shyam Sankar Backs Trump's Executive Orders To Prioritize Commercial Tech In Federal Contracts: 'The Default Is Commercial, And This Time It Has Teeth

Benzinga

President Donald Trump’s recent executive orders seek to overhaul government procurement by favoring commercial technology over custom-built solutions. According to an article on X, Palantir CTO Shyam Sankar said the changes could save billions and create more opportunities for innovative companies. The orders aim to eliminate regulatory barriers that have blocked innovative commercial companies from securing government contracts, which Sankar calls a “regulatory labyrinth.” Palantir sued the federal government in 2016 over an Army intelligence platform contract and won in federal court based on FASA requirements.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02President Donald Trump's recent executive orders seek to overhaul government procurement

00:06by favoring commercial technologies over custom-built solutions.

00:10Palantir CTO Shamsinkar said the changes could save billions and create more opportunities

00:15for innovative companies, according to an article on X.

00:18The orders aim to eliminate regulatory barriers that have blocked innovative commercial companies

00:23from securing government contracts, which Shamsinkar calls a regulatory labyrinth.

00:27Palantir sued the federal government in 2016 over an Army Intelligence Platform contract

00:33and won in federal court based on FASA requirements.

00:38For all things money, visit Benzinga.com slash GSTV.

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