Summary
Anduril Industries, a defense technology company, has recently secured major contracts in different countries, focusing on advanced military technologies like autonomous submarines and drone systems. The company aims to enhance modern warfare capabilities through superior software and hardware technology. It is currently the 93rd-largest defense contractor globally but is making significant moves to climb higher on the list.
Key Facts
- Anduril Industries secured a $1.1 billion deal to supply Australia with Ghost Shark autonomous submarines.
- The company also landed a $159 million prototype project for the U.S. Army's Soldier Borne Mission Command.
- Anduril has committed to creating conceptual designs for U.S. Navy drone wingmen similar to the Air Force's combat aircraft initiatives.
- The company was ranked as the 93rd-largest defense contractor in the world by defense revenue.
- Anduril focuses on using advanced software and hardware to transform modern warfare.
- As of June, Anduril’s valuation was more than $30 billion.