Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense. He previously worked as a journalist in Taiwan for eight years, covering semiconductor supply chains, defense and geopolitics. Prior to that he was based in Shanghai for five years covering the technology and hospitality sectors. He is proficient in Mandarin Chinese and French. Matthew holds a Master of International Affairs from the School of International and Public Affairs at Columbia University and a BA in History from Kenyon College.
Riding high on the AI wave, Palantir posted revenue of $678 million in the second quarter, up 27% year-on-year and ahead of an analyst consensus of $653 million.
The Parsons Corp. has acquired BlackSignal Technologies for $200 million a deal expected to enhance its technological capabilities and expand its customer base.