{"id":135108,"date":"2026-03-25T18:04:29","date_gmt":"2026-03-25T21:04:29","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/901727068"},"modified":"2026-03-25T18:04:29","modified_gmt":"2026-03-25T21:04:29","slug":"anduril-president-says-defense-tech-companies-have-to-create-a-monopoly-to-survive","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/25\/anduril-president-says-defense-tech-companies-have-to-create-a-monopoly-to-survive\/","title":{"rendered":"Anduril president says defense tech companies have to &#8216;create a monopoly&#8217; to survive"},"content":{"rendered":"<section class=\"post-page-grid\">\n<section id=\"post-body\" class=\"post-body grid-area-post-body\" data-component-type=\"post-body\" data-load-strategy=\"exclude\" data-lock-content>\n<div class=\"post-hero\" data-component-type=\"post-hero\" data-load-strategy=\"exclude\">\n<figure class=\"figure image-figure-image as-notched\" data-type=\"img\" data-e2e-name=\"image-figure-image\" data-media-container=\"image\">\n<div class=\"aspect-ratio\" style=\"padding-top: calc(100% \/ (5054 \/ 3369))\">  <img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/i0.wp.com\/i.insider.com\/69c3fa5458b5806618e7e3c3?width=700&ssl=1\" alt=\"A WISP system manufactured by Anduril is pictured.\"> <\/div>\n<p> <span class=\"image-source-caption with-caption-drawer\"> <span class=\"image-source-caption-drawer\"><figcaption class=\"image-caption label-md-strong\" data-e2e-name=\"image-caption\"> <span class=\"image-caption-text\">Anduril wants to dominate defense tech. Matthew Steckman, its president and chief business officer, said it needs to &#8220;create a monopoly.&#8221;<\/span>&nbsp; <span class=\"image-source-text\"> <span class=\"image-source label-md g-test\" data-e2e-name=\"image-source\">Omar Havana\/Getty Images<\/span> <\/span> <\/figcaption><\/span> <\/span><\/figure>\n<\/p><\/div>\n<div class=\"underline\">\n<div class=\"timestamp label-md\" data-component-type=\"timestamp\" data-load-strategy=\"exclude\"> <\/div>\n<\/p><\/div>\n<div class=\"post-summary-bullets\" data-component-type=\"post-summary-bullets\" data-load-strategy=\"exclude\" data-track-marfeel=\"post-summary-bullets\">\n<ul>\n<li class=\"body-md\">Anduril president <a target class href=\"https:\/\/www.businessinsider.com\/anduril-heavy-participant-iran-war-middle-east-matthew-steckman-shahed-2026-3\" data-autoaffiliated=\"false\" data-track-click=\"{&quot;element_name&quot;:&quot;summary_bullets&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\">Matthew Steckman<\/a> said that defense tech companies have to &#8220;create a monopoly.&#8221;<\/li>\n<li class=\"body-md\">There are only one or two programs in each category that are big enough to sustain a business, Steckman said.<\/li>\n<li class=\"body-md\">&#8220;If you capture them, you have a business, and if you don&#8217;t, you have no business,&#8221; he said on &#8220;20VC.&#8221;<\/li>\n<\/ul><\/div>\n<div class=\"ai-summary-questions ai-summary-questions--chips-pending\" data-component-type=\"ai-summary-questions\" data-load-strategy=\"defer\" data-post-id=\"anduril-president-defense-tech-companies-create-monopoly-2026-3\" data-track-view=\"{&quot;subscription_experience&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;,&quot;event&quot;:&quot;module_in_view&quot;,&quot;element_name&quot;:&quot;ai_summary_bullets&quot;}\"> <!-- Active question section (top row) --> <\/p>\n<div class=\"ai-summary-questions__top-section\" aria-hidden=\"true\">\n<div class=\"ai-summary-questions__active-question js-active-question\"><\/div>\n<div class=\"ai-summary-questions__header js-response-header\"> <span class=\"ai-disclaimer ai-disclaimer--purple ai-disclaimer--single-bullet\" data-ai-disclaimer data-alignment=\"responsive\" role=\"button\" aria-label=\"AI Generated content disclaimer\"> <span class=\"ai-disclaimer__icon\"><\/span> <span class=\"ai-disclaimer__label\">AI-generated summary<\/span> <span class=\"ai-disclaimer__tooltip\"> <span class=\"ai-disclaimer__arrow\"><\/span> <\/p>\n<ul class=\"ai-disclaimer__list\">\n<li>Summaries are generated by an AI model trained on Business Insider&#8217;s articles. AI may make mistakes or provide inaccurate\/incomplete information.<\/li>\n<\/ul>\n<p> <\/span> <\/span> <button type=\"button\" class=\"ai-summary-questions__close-btn js-close-btn\" aria-label=\"Close AI summary\" data-track-click=\"{&quot;product_field&quot;:&quot;bi_value_unassigned&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;click_text&quot;:&quot;bi_value_unassigned&quot;,&quot;action&quot;:&quot;close&quot;,&quot;event&quot;:&quot;engagement_interaction&quot;,&quot;element_name&quot;:&quot;ai_summary_bullets&quot;}\">    <\/button> <\/div>\n<\/p><\/div>\n<p> <!-- Overlay container for bullets (floats above content below) --> <\/p>\n<div class=\"ai-summary-questions__overlay js-overlay\" aria-hidden=\"true\">        <!-- Bullets container (inside overlay) --> <\/p>\n<div class=\"ai-summary-questions__bullets-container js-bullets-container\">\n<div class=\"ai-summary-questions__error js-error\" role=\"alert\" aria-hidden=\"true\"> We&#8217;re unable to load that answer right now. Please try again. <\/div>\n<ul class=\"ai-summary-questions__response-list js-response-list\"><\/ul>\n<\/p><\/div>\n<\/p><\/div>\n<p> <!-- Other questions list (bottom rows) --> <\/p>\n<div class=\"ai-summary-questions__chips-row\">\n<div class=\"carousel-gradient as-ai-summary-questions\" data-component-type=\"carousel-gradient\" data-load-strategy=\"defer\">\n<div class=\"carousel with-gradient with-fade-right\"> <span class=\"ai-summary-questions__sparkle\" aria-hidden=\"true\">      <\/span> <\/p>\n<div class=\"ai-summary-questions__list-columns\">\n<ul class=\"ai-summary-questions__list js-questions-list\">\n<li class=\"ai-summary-questions__item\" data-index=\"0\"> <button type=\"button\" class=\"ai-summary-questions__button js-question-btn label-md\" data-question=\"What is defense tech's &quot;winner-takes-all&quot;?\" data-confidence=\"0.919\" data-track-click=\"{&quot;product_field&quot;:&quot;bi_value_unassigned&quot;,&quot;index&quot;:1,&quot;click_text&quot;:&quot;What is defense tech's \\&quot;winner-takes-all\\&quot;?&quot;,&quot;action&quot;:&quot;question_click&quot;,&quot;event&quot;:&quot;engagement_interaction&quot;,&quot;element_name&quot;:&quot;ai_summary_bullets&quot;}\"> What is defense tech&#8217;s &#8220;winner-takes-all&#8221;? <\/button> <\/li>\n<li class=\"ai-summary-questions__item\" data-index=\"2\"> <button type=\"button\" class=\"ai-summary-questions__button js-question-btn label-md\" data-question=\"Why is defense tech so competitive?\" data-confidence=\"0.934\" data-track-click=\"{&quot;product_field&quot;:&quot;bi_value_unassigned&quot;,&quot;index&quot;:3,&quot;click_text&quot;:&quot;Why is defense tech so competitive?&quot;,&quot;action&quot;:&quot;question_click&quot;,&quot;event&quot;:&quot;engagement_interaction&quot;,&quot;element_name&quot;:&quot;ai_summary_bullets&quot;}\"> Why is defense tech so competitive? <\/button> <\/li>\n<li class=\"ai-summary-questions__item\" data-index=\"4\"> <button type=\"button\" class=\"ai-summary-questions__button js-question-btn label-md\" data-question=\"How can someone work at Anduril?\" data-confidence=\"0.901\" data-track-click=\"{&quot;product_field&quot;:&quot;bi_value_unassigned&quot;,&quot;index&quot;:5,&quot;click_text&quot;:&quot;How can someone work at Anduril?&quot;,&quot;action&quot;:&quot;question_click&quot;,&quot;event&quot;:&quot;engagement_interaction&quot;,&quot;element_name&quot;:&quot;ai_summary_bullets&quot;}\"> How can someone work at Anduril? <\/button> <\/li>\n<\/ul>\n<ul class=\"ai-summary-questions__list js-questions-list\">\n<li class=\"ai-summary-questions__item\" data-index=\"1\"> <button type=\"button\" class=\"ai-summary-questions__button js-question-btn label-md\" data-question=\"How does Anduril plan to &quot;create a monopoly&quot;?\" data-confidence=\"0.91\" data-track-click=\"{&quot;product_field&quot;:&quot;bi_value_unassigned&quot;,&quot;index&quot;:2,&quot;click_text&quot;:&quot;How does Anduril plan to \\&quot;create a monopoly\\&quot;?&quot;,&quot;action&quot;:&quot;question_click&quot;,&quot;event&quot;:&quot;engagement_interaction&quot;,&quot;element_name&quot;:&quot;ai_summary_bullets&quot;}\"> How does Anduril plan to &#8220;create a monopoly&#8221;? <\/button> <\/li>\n<li class=\"ai-summary-questions__item\" data-index=\"3\"> <button type=\"button\" class=\"ai-summary-questions__button js-question-btn label-md\" data-question=\"What is Anduril's &quot;Lattice&quot; technology?\" data-confidence=\"0.913\" data-track-click=\"{&quot;product_field&quot;:&quot;bi_value_unassigned&quot;,&quot;index&quot;:4,&quot;click_text&quot;:&quot;What is Anduril's \\&quot;Lattice\\&quot; technology?&quot;,&quot;action&quot;:&quot;question_click&quot;,&quot;event&quot;:&quot;engagement_interaction&quot;,&quot;element_name&quot;:&quot;ai_summary_bullets&quot;}\"> What is Anduril&#8217;s &#8220;Lattice&#8221; technology? <\/button> <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"image-modal\" data-component-type=\"image-modal\" data-load-strategy=\"lazy\">\n<section class=\"post-body-content post-story-body-content\" data-component-type=\"post-body-content\" data-load-strategy=\"exclude\" data-track-content data-post-type=\"story\" data-track-marfeel=\"post-body-content\">\n<p>Defense tech is winner-takes-all, according to Andruil&#8217;s president.<\/p>\n<p>Anduril has quickly become a market leader, spawning a venture capital frenzy. The industry is also <a target=\"_self\" class href=\"https:\/\/www.businessinsider.com\/pentagon-taps-companies-ukrainian-for-attack-drones-competition-2026-2\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel>notoriously competitive<\/a>, with companies duking it out for lucrative government contracts.<\/p>\n<p>On the <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=Qc6hjJ9Zze0&amp;t=956s\" data-track-click=\"{&quot;click_type&quot;:&quot;other&quot;,&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;outbound_click&quot;}\" rel=\" nofollow\">&#8220;20VC&#8221; podcast<\/a>, President and Chief Business Officer Matthew Steckman described the company&#8217;s strategy. They&#8217;d need to win in key product categories, he said \u2014 and maybe monopolize them.<\/p>\n<p>Every defense product category has one big or two big programs, Steckman said. He used the example of small drones, for which there are &#8220;very few&#8221; programs that would create enough revenue to maintain a business.<\/p>\n<p>&#8220;If you capture them, you have a business, and if you don&#8217;t, you have no business,&#8221; Steckman said of these programs.<\/p>\n<div class=\"dynamic-module\" data-component-type=\"dynamic-module\" data-load-strategy=\"lazy\" data-root-margin=\"200% 0px\">\n<div class=\"dynamic-module-components\" data-component-name=\"follow-topic-inline-signup\" data-component-segment=\"anonymous-fly-by\">\n<div class=\"follow-topic-inline-signup\" data-component-type=\"follow-topic-inline-signup\" data-topic=\"{&quot;type&quot;:&quot;author&quot;,&quot;slug&quot;:&quot;henry-chandonnet&quot;,&quot;label&quot;:&quot;Henry Chandonnet&quot;,&quot;shortenedLabel&quot;:&quot;Henry&quot;,&quot;image&quot;:{&quot;type&quot;:&quot;image&quot;,&quot;id&quot;:&quot;686e709085e81483682da489&quot;,&quot;attributes\" data-location=\"byline\" data-load-strategy=\"exclude\" data-track-view=\"{&quot;subscription_experience&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;inline&quot;,&quot;element_name&quot;:&quot;follow_author&quot;,&quot;event&quot;:&quot;module_in_view&quot;}\">\n<div class=\"topic-image-wrapper med-topic\">\n<div class=\"lazy-holder lazy-holder-1x1 topic-image\"> <img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1600&resize=1600&ssl=1 1600w\" class=\"lazy-image topic-image\" data-src=\"https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1\" alt=\"Henry Chandonnet is pictured\">  <img data-opt-id=758893364  decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1600&resize=1600&ssl=1 1600w\" class=\"no-script\" fifu-data-src=\"https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1\">  <\/div>\n<\/p><\/div>\n<div class=\"content-wrapper\">\n<div class=\"header-wrapper\">\n<div class=\"topic-image-wrapper sm-topic\">\n<div class=\"lazy-holder lazy-holder-1x1 topic-image\"> <img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1600&resize=1600&ssl=1 1600w\" class=\"lazy-image topic-image\" data-src=\"https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1\" alt=\"Henry Chandonnet is pictured\">  <img data-opt-id=758893364  decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1&w=1600&resize=1600&ssl=1 1600w\" class=\"no-script\" fifu-data-src=\"https:\/\/i1.wp.com\/i.insider.com\/686e709085e81483682da489?width=168&format=jpeg&auto=webp&crop=1%3A1%2Csmart&ssl=1\">  <\/div>\n<\/p><\/div>\n<p> <span class=\"display-sm header\">Follow Henry Chandonnet<\/span> <\/div>\n<p class=\"body-sm-subtle body\"> Every time Henry publishes a story, you&#8217;ll get an alert straight to your inbox! <\/p>\n<p class=\"body-sm-subtle body-sm\"> Stay connected to Henry and get more of their work as it publishes. <\/p>\n<div class=\"form-section\">  <button class=\"label-lg-strong submit-button\">Sign up<\/button> <\/p>\n<p class=\"error-message label-md-subtle d-none\">\n<p class=\"disclaimer label-sm-subtle\"> By clicking &#8220;Sign up&#8221;, you agree to receive emails from Business Insider. In addition, you accept Insider&#8217;s <a href=\"https:\/\/www.businessinsider.com\/terms\" target=\"_blank\" rel=\"noopener noreferrer\">Terms of Service<\/a> and <a href=\"https:\/\/www.businessinsider.com\/privacy-policy\" target=\"_blank\" rel=\"noopener noreferrer\">Privacy Policy<\/a>. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"dynamic-module-components\" data-component-name=\"newsletter-dynamic\" data-component-segment=\"anonymous-other\">\n<div class=\"newsletter-dynamic\" aria-expanded=\"true\" aria-hidden=\"false\" data-track-view=\"{&quot;element_name&quot;:&quot;inline_newsletter&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;,&quot;subscription_experience&quot;:&quot;bi_value_unassigned&quot;}\" data-component-type=\"newsletter-dynamic\" data-load-strategy=\"exclude\" data-element-name=\"inline_newsletter\" data-source=\"techinlinesignup\" data-skeleton-name=\"generic-tout\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Defense tech companies must shoot for the moon, he said. It&#8217;s this &#8220;addressable market question&#8221; that most companies in the sector get wrong, he said.<\/p>\n<p>&#8220;You have to create a monopoly,&#8221; Steckman said. &#8220;We knew that.&#8221;<\/p>\n<p>Anduril&#8217;s strategy, then, was to create strong underlying technology that could keep them competitive in multiple markets. The company <a target=\"_self\" class href=\"https:\/\/www.businessinsider.com\/army-anduril-strike-deal-linking-systems-to-counter-drones-2026-3\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel>calls this Lattice<\/a>, the tech that consumes data, interprets it, and then manipulates robots around it, he said.<\/p>\n<p>Those technologies apply to 20 different markets, Steckman said, each &#8220;different parts of the defense apparatus.&#8221;<\/p>\n<p>It&#8217;s clearly paid off. The company is reportedly raising its next round at a valuation of $60 billion. Some venture capitalists with FOMO are <a target=\"_self\" href=\"https:\/\/www.businessinsider.com\/frenzy-for-anduril-shares-is-like-buying-taylor-swift-tickets-2026-3\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel>paying premiums<\/a> for their shares. One compared it to buying Taylor Swift tickets.<\/p>\n<p>Want to work there? Your best way in might be winning a <a target=\"_self\" class href=\"https:\/\/www.businessinsider.com\/anduril-ai-grand-prix-drone-palmer-luckey-job-application-2026-1\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" rel>drone-racing competition<\/a>. In April, the company will reward one winner with a job and a $500,000 check.<\/p>\n<p>After Steckman posited his theory of monopolization in defense tech, host Harry Stebbings asked: Why, then, are there so many drone companies?<\/p>\n<p>&#8220;There will definitely be one winner,&#8221; Steckman said. &#8220;The challenge for investors is actually figuring out which one it is.&#8221;<\/p>\n<\/section><\/div>\n<\/section>\n<p> <!-- Included desktop \"post-aside\" --> <\/p>\n<section class=\"post-aside grid-area-post-aside\" data-component-type=\"post-aside\" data-load-strategy=\"exclude\">\n<aside class=\"rail with-default-image has-video-ad \" id=\"l-rightrail\" data-component-type=\"rail\">\n<section data-rail data-track-page-area=\"RR\" class>\n<div class=\"rail-container container-0\"> <\/div>\n<div class=\"rail-container video-ad-container\">\n<div class=\"post-recommended-video\" data-component-type=\"post-recommended-video\" data-load-strategy=\"exclude\">\n<h3 class=\"header display-xs\">Recommended video<\/h3>\n<div id=\"jw-strategy-player\" class=\"ad psuedo-ad\" data-bi-ad>\n<div id=\"player-container-XqOVG7Ek\" data-component-type=\"video\" class=\"jw-strategy-video \" data-type=\"video\" data-video-player data-media-id=\"3lUkv1wc\" data-title=\"How the US military is training a drone army 400 miles from Ukraine\" data-advertising=\"enabled\" data-region=\"rail\" data-render-thumbnail=\"true\" data-id=\"3lUkv1wc\" data-enabled=\"true\" data-placement-id=\"XqOVG7Ek\" data-events=\"disabled\" data-preroll=\"4442842\/businessinsider.desktop\/post\/pre-roll-rail\/tech\" data-midroll data-track-element=\"rail_video\"> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"rail-container\"> <\/div>\n<\/section>\n<\/aside>\n<\/section>\n<section class=\"post-bottom grid-area-post-bottom\" data-component-type=\"post-bottom\" data-load-strategy=\"exclude\" data-track-marfeel=\"post-bottom\">\n<section class=\"post-bottom-taboola\" data-track-page-area=\"Post Bottom\"> <!-- Included desktop \"taboola\" -->  <\/p>\n<section class=\"taboola-container targeted-recommended only-desktop taboola-below-main-column\" id=\"taboola-below-main-column\" data-e2e-name=\"taboola-below-main-column\" data-track-event-label=\"rec-taboola-taboola-below-main-column\"> <\/section>\n<p>  <!-- Excluded mobile \"taboola\" --><\/section>\n<\/section>\n<\/section>\n<div class=\"pw-modal-entry\"><\/div>\n<div class=\"pw-modal-backdrop\"><\/div>\n<div data-component-type=\"paywall\" data-load-strategy=\"exclude\" data-content-selector=\"[data-content-container]\"> <\/div>\n<div class=\"col-12\"> <\/div>\n<p>  .component.back-to-home.style-loading { display: none; }  <\/p>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; of these programs. Defense <span class=\"match\">tech<\/span> companies must shoot for &#8230; to create strong underlying <span class=\"match\">technology<\/span> that could keep them &#8230; company calls this Lattice, the <span class=\"match\">tech<\/span> that consumes data, interprets it &#8230; of monopolization in defense <span class=\"match\">tech<\/span>, host Harry Stebbings asked: &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-135108","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/135108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=135108"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/135108\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=135108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=135108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=135108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}