US Army announces contract with Anduril worth up to $20B

The U.S. Army has signed a 10-year contract with Anduril worth up to $20 billion, consolidating over 120 separate procurement actions into a single enterprise deal covering hardware, software, infrastructure, and services. Co-founded by Palmer Luckey, Anduril generated around $2 billion in revenue last year and is reportedly in talks to raise funding at a $60 billion valuation.