Anduril Inc., the defense and border protection company based in Irvine, has received a U.S. military contract that could be worth nearly $1 billion to develop anti-drone systems.
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It is the largest contract yet for the five-year-old startup founded by Orange County entrepreneur Palmer Luckey. The “indefinite-delivery/indefinite-quantity contract” was awarded by the U.S. Special Operations Command.
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“The work will be performed in various locations within and outside the continental U.S., and is expected to be completed by Jan. 19, 2032,” the Defense Department said in a statement issued yesterday.
SOCOM chose Anduril out of 12 competing proposals for the 10-year contract. The company is currently moving to new headquarters in Costa Mesa.