PayPal Inc. Co-Founder Peter Thiel Interview
Peter Thiel co-founded Palantir Technologies in 2004. Photograph by David Paul Morris—Bloomberg via Getty Images

Palantir Emerges Victorious From Federal Court Over U.S. Army

Oct 31, 2016

A unit of Peter Thiel's Palantir Technologies has got a second chance to bid for a contract to build the next phase of the U.S. Army's integrated combat data system, potentially worth hundreds of millions of dollars, Bloomberg reported on Monday.

Palantir, a data analytics and security firm co-founded by the Silicon Valley investor, sued the U.S. government in June, arguing that the bid-solicitation process ruled out any commercially available solutions, the report said.

A federal judge on Monday ruled in favor of Palantir, ordering the Army to restart the bidding process and include commercial offerings in its evaluation, which will put Palantir USG back in the running, Bloomberg said.

Palantir's technology helps government agencies track down terrorists and uncover financial fraud.

Get Data Sheet, Fortune’s technology newsletter.

"This decision is a victory for taxpayers, whose money has been routinely wasted on lengthy and ineffective development efforts," Hamish Hume, a Palantir lawyer and partner in Boies, Schiller & Flexner LLP, said in a statement.

All products and services featured are based solely on editorial selection. FORTUNE may receive compensation for some links to products and services on this website.

Quotes delayed at least 15 minutes. Market data provided by Interactive Data. ETF and Mutual Fund data provided by Morningstar, Inc. Dow Jones Terms & Conditions: S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions