Anduril Industries Stock (ANIN)

• Anduril is a strategic acquirer, which allows them to expand the scope of their business. In the past few years, “the company has purchased three businesses: Area-I, Copious Imaging, and Dive Technologies. Each of these pick-ups added to Anduril’s product suite. Area-I makes the Altius UAS, Copious Imaging developed WISP, and Dive Technologies built the Dive-LD AUV.”
• The company has reported strong revenue numbers which suggests that the company’s products and services are in high demand. Per Forbes, “Anduril, which generated an estimated $150 million in revenue last year, develops much of its technology on its own dime, a high-stakes wager that inverts how military contractors normally operate.”
• Anduril has a strong reputation and established relationships within the defense technology industry, which can provide a competitive advantage and help the company secure contracts with key customers. What sets them apart from their competitors is that “rather than waiting for the Department of Defense to launch a multiyear process of defining tech requirements and inviting bids to develop prototypes, Anduril plows ahead and makes weapon and surveillance systems that it believes the government will want—as long as they work.”