The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.

The company, which announced a nearly $1 billion investment in central Ohio, will take over the project for the U.S. Army.

Anduril announced on Tuesday that it's taking over Microsoft's 10-year contract to make mixed-reality goggles for soldiers.

Microsoft ( NASDAQ: MSFT) is partnering with Anduril, a defense company startup that specializes in drones, to develop and ...

Anduril Industries Inc., a maker of drones and software to control them, will assume management and eventual manufacturing of the US Army’s new infantry goggles from Microsoft Corp., the companies ...

Last April, in a move generating scant media attention, the Air Force announced that it had chosen two little-known drone ...

Last summer Helsing raised €450m ($468m) at a valuation of $5.4bn, making it one of Europe’s most valuable startups. Mr Scherf, a soft-spoken former management consultant, strikes a contrast with ...

Anduril Industries will take control of Microsoft’s multibillion-dollar augmented reality headset program for the U.S. Army.

Just months after raising $1.5 billion at a $14 billion valuation, defense tech giant Anduril is in talks to raise another funding round that would value it at $28 billion, Forbes has learned.

Cheaper and more plentiful than in the past, drones are changing the face of modern warfare, particularly in Ukraine.

Anduril founder Palmer Luckey has a plan for “turning soldiers into superheroes” that starts with taking over a mixed-reality ...