Anduril plans factory for drones in the UK
Anduril is considering building a new factory in the United Kingdom. This move would mark the company's expansion beyond its current focus on U.S. defense contracts. The proposal comes as the defense technology sector sees increased interest in building factories. Earlier this year, Anduril announced a billion-dollar factory in Ohio. Other companies, like Saronic, are also planning new factories for autonomous warships. Rich Drake, Anduril’s general manager for the U.K. and Europe, stated that if enough orders are received, the company intends to open a facility in the U.K. The factory would be used for drone production and research and development. Locations being considered include areas near Oxford and Cambridge. European defense budgets are increasing as U.S. aid to Ukraine decreases, creating more opportunities for companies like Anduril. The company, based in California, is reportedly in talks for a valuation of $28 billion. They did not comment on the factory plans.