Lead

US defense technology firm Anduril Industries is taking initial steps to enter the Israeli market, with reports indicating the company is considering appointing former Israel Air Force Commander Gen. (res.) Amikam Norkin to head its local operations. The company is also exploring establishing a factory in Israel and acquiring the defense-tech startup Kela, as reported by The Jerusalem Post.

Coverage Comparison

The Jerusalem Post, citing reports from Globes, has detailed Anduril's expansion plans over several articles. A June 22 report said the company, which recently raised funds at a $61 billion valuation, is meeting senior Israeli officials to establish a local operation focused on sales to the Ministry of Defense and research and development. The report noted Anduril is operating cautiously, conducting market research and weighing acquisitions versus organic growth.

A June 30 report said a senior delegation led by CEO Brian Schimpf would visit Israel to promote deals with the Ministry of Defense, emphasizing command and control systems. The delegation planned to interview at least three retired generals, including Norkin and former Planning Directorate chief Amir Abulafia, with the goal of appointing a permanent Israeli representative. The delegation was also scheduled to meet with defense firms Rafael and Elbit, as well as Ministry of Defense director general Amir Baram.

The most recent report, dated June 23, said cofounder Palmer Luckey is in talks to appoint Norkin as head of Israeli operations. Anduril is also interested in building its own factory in Israel and acquiring Kela, according to the same report.

Key Claims

  • Entry into Israel: Anduril is taking its first steps in Israel, with a senior delegation led by CEO Brian Schimpf visiting the country to promote sales of its products to Israel's Ministry of Defense.
  • Local leadership: Talks are underway to appoint former IAF commander Amikam Norkin as head of the company's operations in Israel. Norkin is currently managing partner of Ace Capital Partners investment fund.
  • Factory and acquisition plans: Anduril is interested in establishing its own factory in Israel and acquiring the defense-tech startup Kela.
  • IPO ambitions: The company, which recently raised funds at a $61 billion valuation, plans an IPO, and international expansion is seen as supporting that goal.
  • Cautious approach: Anduril is conducting market research and examining various ways to establish its operation, whether through acquisitions or organically.

Perspectives

Anduril's view: According to reports, Anduril sees Israel as a key market and aims to replicate the business model of US defense giants like Lockheed Martin and Boeing, though with broader ambitions. Norkin, in a recent interview, noted the growing interest in defense tech: "Governments want more private, more agile companies to be involved in defense, in order to answer battlefield questions."

Israeli official's view: An Israeli senior official familiar with the company's operations said, "All they're interested in in Israel is to sell here — and a lot. In return, they'll hire people here, but they need big orders."