Army flags high-risk flaws in Palantir network project, Reuters reports

The U.S. Army’s critical effort to modernize its battlefield communications network, led by Anduril, Palantir (PLTR), and other firms, faces serious “fundamental security” flaws and should be considered a “very high risk,” Reuters’ Mike Stone reports, citing a recent internal Army memo. The two companies, whose leaders are allies of U.S. President Donald Trump, have secured access to a lucrative stream of Pentagon contracts by pledging to deliver cheaper and more advanced weapons than the military’s traditional defense contractors.