55.1 F
Laguna Hills
Wednesday, Apr 23, 2025
-Advertisement-

Anduril Gets $14.3M for Rocket Motors

Global conflicts lead to Ciongress, DoD action

Defense company Anduril Industries Inc. said it’s been awarded $14.3 million by the Pentagon  to expand the solid rocket motors industrial base.

“Strained munitions production underscored by recent global conflicts has led Congress and the Department of Defense to prioritize strengthening the SRM industrial base,” the Costa Mesa-based company said in a statement today.

The company added: “This U.S. government investment is compounded by our $75 million investment to produce large volumes of SRMs (solid rocket motors) at reduced costs.”

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-