Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants

Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants

Venture-backed firms like Anduril and SpaceX are emerging as “neoprimes,” reshaping the U.S. defense industry once dominated by giants such as Lockheed Martin and Boeing.

Silicon Valley’s new defense tech ‘neoprimes’ are pulling billions in funding to challenge legacy giants – DG Verifications & Stats

Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop Grumman, Boeing, General Dynamics, and RTX (formerly Rayth…