Founder of $30 Billion Defense Tech Company Anduril Embraces Trump’s Threat to Crack Down: It’s ‘Good to Scare People Sometimes’
Palmer Luckey endorses executive pay caps and bans on stock buybacks until defense contractors meet delivery and production standards, addressing underperformance in the U.S. defense sector.
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Anduril founder Palmer Luckey backs Trump's new defense regulations
Palmer Luckey, founder of Erebor Bank and Anduril Industries.PATRICK T. FALLON/AFP via Getty ImagesAnduril founder Palmer Luckey has voiced support for the Trump administration's new regulations on the defense industry.An executive order signed on Wednesday targeted defense contractors for underperforming."It's good to scare people sometimes," Luckey said in an interview with Bloomberg.President Donald Trump's new defense regulations are sending…
'It's good to scare people sometimes': Anduril founder Palmer Luckey says he 'broadly' backs Trump's new defense regulations
Palmer Luckey, founder of Erebor Bank and Anduril Industries. PATRICK T. FALLON/AFP via Getty Images Anduril founder Palmer Luckey has voiced support for the Trump administration's new regulations on the defense industry. An executive order signed on Wednesday targeted defense contractors for…
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