US Defense Tech CEOs Urge Speedier Procurement to Counter China
- Open letter signed by Palantir, Anduril, Lux Capital, others
- CEOs and founders to meet with Biden administration, House GOP
Many of the companies represented are part of an accelerating collaboration between the Defense Department and hubs of American innovation like Silicon Valley.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
Almost 20 defense technology executives plan meetings Monday with Biden administration officials, House Speaker Kevin McCarthy and other lawmakers to push for speedier military procurement and more investment in pioneering technologies, steps they say are necessary to ensure the US maintains its innovation edge over China.
The group includes executives from established companies like Palantir Technologies Inc. and Anduril Industries Inc. as well as newer firms like drone-maker Swarm Aero.