Anduril Industries is planning to construct a new factory to scale weapons production for the United States defense base. Anduril Industries Co-Founder and Executive Chairman Trae Stephens joins Market Domination Overtime to discuss this initiative.
Stephens explains that the legacy defense industry has traditionally focused on "really high-end expensive exquisite defense platforms," such as fighter jets, bombers, and aircraft carriers. However, he notes that as warfare evolves, "this is no longer the thing that works in conflict." With escalating global geopolitical tensions, Stephens observes "a rise of low-cost attritable systems that are highly autonomous," but supply is struggling to meet demand.
The planned factory, named Arsenal One, will adopt "a Tesla-like approach to production" to ensure they can meet the demands "being given to us by the warfighters." This approach suggests a focus on innovation, efficiency, and scalability in manufacturing, Stephens explains.
"What we’re doing at Anduril is we’re taking the risk upfront to build the capabilities and to build the infrastructure that we need to deploy those capabilities very quickly," Stephens, also a Founders Fund partner, tells Yahoo Finance. He added that the company is currently in the process of finding land to build this factory.
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