Will Military Tech Firms Spark a Revolution in American Defense?

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News Source : Forbes

News Summary

  • For the first time since the merger boom of the 1990s, there is a possibility of injecting genuine competition into the arms industry.
  • Military tech firms like Palantir, Space-X, and Anduril are giving old guard corporate behemoths like Lockheed Martin and Raytheon a run for their money.
  • The rise of the tech sector has been fast and furious over the past decade, with contracts for communications, targeting, surveillance, information processing and pilotless vehicles going to emerging tech firms.

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