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Business/Financial

Anduril Raises $1.5 Billion For Gigafactory To ‘Hyperscale’ Defense Manufacturing

By Cal Biesecker

Thursday, August 8th, 2024

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Anduril Raises $1.5 Billion For Gigafactory To ‘Hyperscale’ Defense Manufacturing

Anduril Industries' Dive-LD autonomous underwater vehicle. Photo: Anduril

Preparing the road ahead to be able to produce massive quantities of autonomous systems and weapons by leveraging a new software-defined manufacturing platform that relies heavily on commercial suppliers, Anduril industries plans to build a new facility to “rebuild the arsenal of democracy,” the company said on Thursday. The build of its five million-plus square foot Arsenal-1 factory that will lean on a manufacturing platform Anduril also calls Arsenal is supported by a $1.5 billion funding round the company raised…

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]