The U.S. Army on Thursday said it was consolidating dozens of contracts into a single enterprise deal with Palantir , giving it volume-based discounts and the option to purchase up to $10 billion from the software provider over 10 years.

The software company’s enterprise contract over the next decade cements its central role in warfighting for years to come.

Palantir Technologies' (NASDAQ:PLTR) new deal with the U.S. Army worth up to $10B is an "additional tailwind for the company, according to Wedbush. The firm maintained its Outperform rating and $160 price target on the shares of Palantir — which develops software platforms for the intelligence community.

Army Secretary Dan Driscoll on Wednesday ordered the US Military Academy at West Point to rescind an offer of employment to a former top national security official who served under President Joe Biden,

The Secretary of the Army has directed the U.S. Military Academy at West Point to review its hiring practices and rescind the appointment of a newly announced hire who led the nation's cybersecurity a