Giants and the Myth of America’s New Defense Consolidation

America’s defense industrial base is in the throes of major change. For the first time in 40 years, major power war is a real possibility. Conflicts in Ukraine and Israel are providing a harrowing glimpse of what that war might look like. Technology is evolving at a dizzying pace. Instead of peacetime efficiency, governments are prioritizing wartime surge capacity. The “China shock” and COVID-19 have destabilized global supply chains.Amid these daunting realities, a new generation of defense technology companies has emerged. Anduril Industries — which was founded in 2017 and which I joined in 2020 — is one of them. Of course, defense technology companies aim to make money. The post Giants and the Myth of America’s New Defense Consolidation appeared first on War on the Rocks.

Jun 4, 2025 - 09:45
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Giants and the Myth of America’s New Defense Consolidation

America’s defense industrial base is in the throes of major change. For the first time in 40 years, major power war is a real possibility. Conflicts in Ukraine and Israel are providing a harrowing glimpse of what that war might look like. Technology is evolving at a dizzying pace. Instead of peacetime efficiency, governments are prioritizing wartime surge capacity. The “China shock” and COVID-19 have destabilized global supply chains.Amid these daunting realities, a new generation of defense technology companies has emerged. Anduril Industries — which was founded in 2017 and which I joined in 2020 — is one of them. Of course, defense technology companies aim to make money.

The post Giants and the Myth of America’s New Defense Consolidation appeared first on War on the Rocks.