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Market
Defense contractor losing most market share to tech consortium by end of 2024?
2
Palantir Technologies•Anduril Industries•US•SpaceX•OpenAI•Saronic•Scale AI•Lockheed Martin•Raytheon•Boeing
Resolution / Starting Odds
Lockheed Martin • 25%
Raytheon • 25%
Boeing • 25%
Other • 25%
Market analysis reports and financial disclosures from defense contractors
Story
Palantir, Anduril, and Tech Giants Form Consortium to Bid for $850B US Defense Contracts in January
Dec 22, 2024, 10:30 PM
Palantir Technologies and Anduril Industries, two major US defense technology companies, are in discussions to form a consortium with about a dozen competitors to bid for US government contracts. The consortium, which may include SpaceX, OpenAI, Saronic, and Scale AI, aims to disrupt the traditional oligopoly of defense contractors such as Lockheed Martin, Raytheon, and Boeing. The group plans to leverage their advanced technologies to offer more efficient defense and weapons capabilities to the US government, targeting a larger share of the US's $850 billion defense budget. The consortium is expected to announce agreements with some tech groups as early as January.
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Palantir Technologies • 25%
Anduril Industries • 25%
SpaceX • 25%
OpenAI • 25%
Palantir Technologies • 25%
Anduril Industries • 25%
SpaceX • 25%
OpenAI • 25%
Lockheed Martin • 25%
Raytheon • 25%
Boeing • 25%
Northrop Grumman • 25%
Lockheed Martin • 25%
Raytheon Technologies • 25%
Boeing • 25%
Northrop Grumman • 25%
Palantir • 25%
Anduril • 25%
SpaceX • 25%
Other • 25%
Microsoft • 25%
Amazon • 25%
Google • 25%
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No • 50%
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Increase for European firms • 25%
Increase for Asian firms • 25%
No significant change • 25%
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Contracts reviewed • 25%
Contracts reduced • 25%
Contracts canceled • 25%
