Founded in 2017 by Palmer Luckey, creator of Oculus VR. Anduril operates on a software-first, product-first philosophy rather than the requirements-driven approach of legacy defense contractors. Core competitive advantage is Lattice OS — an AI-powered operating system that integrates diverse sensors, drones, and weapons platforms into a unified command and control architecture.
Estimated $2.1 billion in revenue in 2025 (up 110% YoY), projecting $4.3 billion in 2026. Closed a $5 billion funding round in May 2026. Valuation surged from $30.5 billion in June 2025 to over $60 billion by early 2026. In March 2026, the U.S. Army awarded Anduril a 10-year enterprise contract with a ceiling of up to $20 billion. Won the U.S. Air Force Collaborative Combat Aircraft (CCA) program for autonomous fighter jets and secured a $642 million Marine Corps counter-drone contract. Arsenal-1 manufacturing facility in Ohio began producing the Fury autonomous fighter jet and Barracuda missile airframes in early 2026.
Key products: Lattice OS, Ghost UAV (VTOL ISR), Sentry towers, Roadrunner interceptors, Fury autonomous jet, Barracuda missile.