Latest Federal & Government Contracting Companies' News Coverage
Anduril Industries and Australia’s defense force have agreed to partner on a three-year, $100 million program to design, build and manufacture extra large autonomous undersea vehicles for the Australian navy. Anduril said Wednesday it will use its Agile development approach to develop and deliver three XL-AUV prototypes to the Royal Australian navy. XL-AUV will be […] More
Military stocks are taking a hit as the Department of Defense prioritizes research and development over purchases of aircraft, tanks and other equipment and creates opportunities to work with Silicon Valley startups and other nontraditional defense contractors, The Wall Street Journal reported Wednesday. Competition with countries like Russia and China has resulted in a change […] More
Anduril Industries plans a new round of financing that would value the defense technology startup at approximately $4 billion to $5 billion. The Irvine, California-based startup is likely to use the proceeds to further expand development work on drones and other military equipment.
Palantir Technologies has awarded Anduril Industries a subcontract to design a hardware system for the first phase of a U.S. Army program aiming to modernize an expeditionary intelligence ground station. The Army awarded Palantir and Raytheon Technologies other transaction agreements earlier this year to develop TITAN prototypes.
Matt Grimm, chief operating officer of Anduril, said the defense technology company has approximately 400 employees and plans to increase its workforce to 700 to 800 by the end of 2021, Inside Defense reported Friday. Grimm said the company is looking for hardware and software engineers and employees with artificial intelligence skills.
The U.S. Air Force has conducted a test of its Advanced Battle Management System along with Anduril-built missile defense towers and command-and-control technology at White Sands Missile Range, New Mexico.
Persistent Systems used its mobile ad hoc networking technology to provide mobile connectivity support for the U.S. Air Force's second on-ramp experiment with the Advanced Battle Management System.
Defense technology startup Anduril has raised $200M in a recent funding round, which increased the company's value to $1.9B, Bloomberg reported Thursday.
Defense technology company Anduril Industries is hiring engineers for its new site in Seattle.
Anduril, an Irvine, Calif.-based manufacturer of artificial intelligence-powered unmanned aerial vehicles, has developed “interceptor drones“ that work to autonomously detect and destroy UAVs, NBC News reported Thursday.
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