Anduril Plans New Weapons Factory in the UK Amid Defense Expansion

Anduril Plans New Weapons Factory in the UK Amid Defense Expansion
Anduril is considering establishing a new factory in the UK to enhance its defense capabilities beyond U.S. contracts. Rich Drake, the company's general manager for the region, stated that the factory would focus on drones and R&D, potentially located near Oxford and Cambridge. This move comes as European defense budgets soar in response to geopolitical shifts. Anduril's recent billion-dollar 'megafactory' announcement in Ohio signals its aggressive growth strategy. The company is also reportedly negotiating funding at a $28 billion valuation, highlighting its ambitious expansion plans.