Anduril is one of the few startups today I believe is solving a core problem in the United States' institutions - Defense industry dysfunction. It costs American taxpayers billions of dollars on weapons that under-perform at best and endanger American lives at worst.
Palmer correctly identifies some of the incentive issues with current defense contracts. Rather than working on contracts pre-defined by the DoD, which puts the US Treasury on the line for all cost over-runs and entangles project planning in Pentagon political intrigue, Anduril R&Ds technologies on their own dime, to their own specs, before trying to make a sale. High-risk, but one way to do it right today. He explains his vision more in this interview: https://twitter.com/micsolana/status/1087803794266550272
Anduril is one of the few startups today I believe is solving a core problem in the United States' institutions - Defense industry dysfunction. It costs American taxpayers billions of dollars on weapons that under-perform at best and endanger American lives at worst.
Palmer correctly identifies some of the incentive issues with current defense contracts. Rather than working on contracts pre-defined by the DoD, which puts the US Treasury on the line for all cost over-runs and entangles project planning in Pentagon political intrigue, Anduril R&Ds technologies on their own dime, to their own specs, before trying to make a sale. High-risk, but one way to do it right today. He explains his vision more in this interview: https://twitter.com/micsolana/status/1087803794266550272