AXIOS July 17, 2024
A global technology race, supercharged by a combative China and daily innovation on the Ukrainian front line, is fostering a fresh crop of companies capable of reshaping the U.S. military-industrial complex.
Why it matters: A flood of investment is fueling these artificial intelligence, autonomy, cyber and space specialists at a time when weapons-buying orthodoxy is being questioned.
- The entrants are feeding a pool of Defense Department suppliers that has for decades consolidated, posing “serious consequences for national security,” according to a 2022 review of industrial base competition.
- Some of the standouts are dubbed dual-use, serving both commercial and defense markets.
Among the most discussed are Anduril Industries, Palantir Technologies and SpaceX. Other buzzy players include Applied Intuition, Capella...
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