Pentagon announces tie-up with Palmer Luckey's Anduril & three other defence tech startups
The Pentagon is forging new partnerships with companies like Anduril and Leidos to rapidly boost US strike capabilities.
The Low-Cost Containerized Missiles (LCCM) program aims to procure over 10,000 affordable cruise missiles by 2027, while a separate deal with Castelion will scale low-cost hypersonic solutions.
This initiative emphasizes speed, innovation, and private sector investment to rebuild America's military might.
- Anduril Valued at $61 Billion in Round Led by Thrive, Andreessen Bloomberg —
- Anduril raises $5 billion, doubling its valuation to $61 billion Quartz —
- Defence tech start-up Anduril doubles valuation to over $60bn Financial Times —
- US defense firm Anduril raises $5 billion, doubling its valuation to $61 billion - Reuters Reuters —
- Anduril Raises $5 Billion in Funding and Is Valued at $61 Billion The New York Times —