Anduril is a defense product company that spends its own money designing, developing, and shipping tools.

“This claim is well-supported by numerous sources describing Anduril's business model. Unlike traditional defense contractors that often rely on government-funded "cost-plus" contracts, Anduril uses its own capital, raised from venture capital firms, to proactively develop and build products. This allows the company to sell finished tools to governments on a fixed-price basis. This model of internal funding for R&D and product development is a core and frequently cited element of Anduril's strategy. Context: The key context is how this business model contrasts with the traditional defense industry. Legacy contractors often develop technology only after receiving a government contract that pays for the research and development (a cost-plus model). Anduril's model is more akin to a Silicon Valley tech company, building a product with private investment and then selling it to customers.”