Making Daily Headlines · Page 7
Industrial Policy Still Needs Industry
· New York time
Anduril has been a major beneficiary of the US defense technology boom and President Donald Trump's plans to reindustrialise the military, CNBC reports. That policy setting helps explain the attention surrounding the company beyond its proposed employee share transaction. Plans for industrial expansion remain plans; the reported valuation does not establish particular production capacity, completed factories or deliveries. Financial enthusiasm and physical execution run on different clocks. A presentation can increase an expectation between slides. Making things is less cooperative. The word platform moves effortlessly across a screen, while actual production insists on materials, work and time. The factory floor has not accepted the slide deck as a substitute for assembly.
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