ANDURIL: New Major Investment Will Help Provide Thousands Of More Manufacturing Jobs
As the Department of Defense/War continues to push for increased manufacturing capacity to reach a goal of producing more than 10,000 low cost missiles, Anduril, which holds the contracts for producing 3,000 of those missiles just finished a major capital raise of $5 billion according to reporting in Manufacturing Dive.
Battles being waged across multiple conflicts ranging from Eastern Europe in Ukraine to the Middle East in Israel, Lebanon, Syria, and Saudi Arabia, to the Near East of Iran and elsewhere have shown the dominance of smaller, cheaper munitions, fired sometimes into the hundreds and over long ranges to deliver deadly force.
The Department of Defense/War has set a goal of 2029 to rebuild the American supply chain for vital military equipment and the contracts to put that manufacturing policy are now being put into place and manufacturing, engineering and other technical jobs are starting to follow.
Association of Western Employers is tracking this story closely and will continue to keep you updated.