Elon Musk · Anduril · Donald Trump · Joe Biden · Pentagon · SpaceX · CNBC Technology
Anduril CEO defends Trump administration contracts: 'CNBC has done incredibly well under Biden'
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Anduril CEO Brian Schimpf addressed ethics questions over co-founder Palmer Luckey 's close ties to the Trump administration as the defense tech giant competes for lucrative government contracts.
Key facts
- On Oct. 6, Anduril announced an up to $2.9 billion shipyard contract a few days after Luckey was named to a Department of Defense group known as Project Meridian
- Musk has contributed more than $276 million to Republican groups since July, this week
- Anduril CEO Brian Schimpf addressed ethics questions over co-founder Palmer Luckey 's close ties to the Trump administration as the defense tech giant competes for lucrative government contracts
- The appointments of both Luckey and SpaceX CEO Elon Musk to the initiative have raised concerns over whether executives whose companies get billions in government contracts should play an active role
Summary
"That was one of the biggest ramps that they've had as a company. On Oct. 6, Anduril announced an up to $2.9 billion shipyard contract a few days after Luckey was named to a Department of Defense group known as Project Meridian. The appointments of both Luckey and SpaceX CEO Elon Musk to the initiative have raised concerns over whether executives whose companies get billions in government contracts should play an active role in defense strategy. "The reality is that the has an incredibly structured process for how they evaluate all these incoming bids," Schimpf said.