Anduril Industries is considering building a factory in the U.K. to expand its operations beyond the U.S. defense market. The potential facility would focus on drone production and research and development, possibly located near Oxford or Cambridge. This move comes at a time when European defense budgets are on the rise, especially with the U.S. reducing military aid to Ukraine, creating new market opportunities for defense contractors like Anduril. The company is also pursuing a significant valuation increase, currently at around $28 billion.
Now, Anduril is considering building a factory in the U.K. as it expands beyond U.S. defense contracts.
European defense budgets are breaking records as the U.S. winds down aid to Ukraine, so there's plenty of opportunities.
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