Privately held defense stock Anduril Industries is shaking up the defense industry. Palmer Luckey, co-founder of the company, ...

Palmer Luckey's defense startup has scored another deal, this time to help the US Marine Corps fight smaller drones at its ...

Image source: Getty Images. In a shocking development, Anduril announced earlier this month that it is partnering with Microsoft (NASDAQ: MSFT) to develop an Integrated Visual Augmentation System ...

Anduril recently passed $1 billion in annual revenue, and a new Army contract could triple its annual revenue. Microsoft currently holds the $22 billion IVAS contract, but is preparing to hand it ...

The initial budget for IVAS was set at $21.9 billion. Anduril will now assume control of the contract. While Microsoft is being removed as the prime contractor, it is not being kicked off the project.

In a shocking development, Anduril announced earlier this month that it is partnering with Microsoft (NASDAQ: MSFT) to develop an Integrated Visual Augmentation System (IVAS) for the U.S. Army.

Michael Obadal, a senior director at Anduril Industries, has been nominated by President Trump to become the No. 2 civilian ...

Under awaiting Department of Defense approval, the arrangement gives Anduril control over manufacturing, hardware and software development, and delivery schedules. Under the arrangement, Anduril ...

Spearheaded by the Defense Innovation Unit, the Thunderforge program will work with Anduril, Microsoft and others to develop ...

The contract was originally awarded to Microsoft but later ceded to Anduril. The firm hopes to expand quickly. In August, Anduril raised $1.5 billion to build a 5 million-square-foot factory in ...