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Anduril Brings Its Billion-Dollar Drone Playbook to the UK

Bloomberg Technology
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Anduril Brings Its Billion-Dollar Drone Playbook to the UK

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000A US Army soldier carries an Anduril Industries Inc. Ghost-X reconnaissance drone during training exercises in Honolulu, in November. As Europe rearms, the US weapons maker is trying to break through in the UK by co-funding major programs, cutting manufacturing deals, and billing itself as an ‘Anglo-American’ company.Anduril has a novel pitch for Britain’s military: If it wins a £100 million ($133.5 million) contract for a new uncrewed combat aircraft, the company will foot half the bill for development.The California defense startup made the same proposal in Australia, and in September landed a A$1.7 billion ($1.1 billion) contract there to build an autonomous submarine. In Europe, which is embarking on a historic rearming effort, even more money is at stake.

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Source: Bloomberg Technology