What Happened
New Player Enters Submarine Supply Chain With Billion Dollar Contract
Anduril, a company founded by Palmer Luckey, has been awarded a $2.9 billion contract by the US Navy to produce components for Virginia-class submarines. This deal comes shortly after Luckey joined a Pentagon advisory group, raising questions about the procurement process and the need for transparent recusal procedures. Anduril is investing $3.7 billion in private capital to build a manufacturing facility, with operations expected to begin in 2030. The contract’s value is contingent on performance milestones, and the company’s entry into the submarine supply chain may have significant implications for the industry. This development was reported by Gadget Review.