According to 1M AI News, the U.S. Army has announced signing a 10-year contract (5-year base period + 5-year option) with defense technology company Anduril, totaling up to $20 billion, covering Anduril's hardware, software, infrastructure, and services. This contract consolidates over 120 separate procurement actions into an enterprise-wide agreement.
The Chief Technology Officer of the Office of the Department of Defense CIO, Gabe Chiulli, stated: "The modern battlefield is increasingly software-defined. To maintain an edge, we must be able to acquire and deploy software capability at speed and efficiency." Anduril, co-founded by Oculus VR founder Palmer Luckey, pivoted to the defense sector after being fired by Facebook in 2017. The company had revenues of around $2 billion last year and is currently undergoing a new funding round at a valuation of $60 billion.
