Anduril Industries is planning to construct a new factory to scale weapons production for the United States defense base. Anduril Industries Co-Founder and...
Since stocks sold off on Aug. 5, the S&P 500 is up about 7% while it's over 8% for the Nasdaq 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.
So things like multi $100 million fighter planes, bombers, multi billion dollar aircraft carriers and in the force posture that we had at that time, that was exactly what we needed to project power and ensure deterrence in international global affairs.If you look at what's happened in not only Ukraine and Israel, but also in Armenia and Azerbaijan in the war games that are taking place around China and Taiwan, that potential conflict.
And so Arsenal one is really about taking the name of the factory or the name of the factory is Arsenal one.So using software defined capabilities and infrastructure um that are modular and flexible, so we can respond very quickly to the demands that are being given to us by the war fighters. They own the burden for development, they own the burden for building out the infrastructure, they own the burden for buying the equipment, for sustaining the equipment.Um So what we're doing at and roll is we're taking the risk up front um to build the capabilities, um, and to build the infrastructure that we need to deploy those capabilities very quickly.
Trae Stephens Executive Chairman Aircraft Carriers Arsenal
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Benteke scores twice to lead DC United to victory over Minnesota UnitedChristian Benteke scored the first and last goals of the match and picked up an assist in between to rally D.C. United to a 3-2 victory over Minnesota United on Wednesday night.
Read more »
Why the future of warfare is in AI software: ExpertAnduril Industries, a defense tech start-up, raised $1.5 billion, making the company valued at $14 billion, co-led by Founders Fund, which is Peter Thiel's...
Read more »
CrowdStrike outage fallout: Which industries had it the worstThe CrowdStrike (CRWD) outages did more than just sink the cybersecurity provider's stock on Friday; a CrowdStrike update to Microsoft Windows (MSFT) systems...
Read more »
CrowdStrike update leads to global outage: Industries affectedA recent CrowdStrike (CRWD) update caused a global outage that impacted Microsoft Windows (MSFT) systems across multiple industries. The incident has...
Read more »
As the war in Ukraine drags on, some Canadian companies just can’t quit RussiaCCL Industries, Calfrac Well Services still own operations in the country
Read more »
Microsoft says about 8.5 million of its devices were affected by CrowdStrike-related outageFriday’s IT outage affected various industries including air travel, banks and more
Read more »