Two big defense tech players, Palantir and Anduril, are talking to tech companies including SpaceX, OpenAI, Saronic, and Scale AI about forming a

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Palantir and Anduril, two of the largest US defence technology companies, are in talks with about a dozen competitors to form a consortium that will jointly bid for US ...

Along with many smaller defense technology firms, Musk has been heavily critical of legacy defense programs such as Lockheed Martin’s F-35 fighter jet, which is set to cost the U.S. government an estimated $1.7 trillion over its lifetime. As an alternative, he has called for the mass production of cheaper AI-powered drones, missiles and submarines.

Defense technology Palantir Technologies (NASDAQ:PLTR) and Anduril are talking with around a dozen rivals to create a consortium to jointly bid for US government contracts to challenge the major defense companies,

The consortium will bring together the heft of some of Silicon Valley's most valuable companies and will leverage their products to provide a more efficient way of supplying the U.S. government with cutting-edge defence and weapons capabilities,