PLTR, MRCY Stocks Gain After Announcing Partnership To Automate US Defense Manufacturing

Palantir Technologies Inc. (PLTR) and Mercury Systems Inc. (MRCY) announced a partnership to automate US defense manufacturing.

The partnership aims to modernize defense manufacturing processes by integrating Palantir's software with Mercury's hardware capabilities.

Palantir is scheduled to report Q2 earnings after the bell, with expectations of EPS of $0.35 and revenue of $1.8 billion.