Defense startup Anduril has reported a revenue of approximately $1 billion for the year 2024, reflecting a year-over-year increase of about 100%. The company plans to initiate a $100 million tender offer, allowing employees to sell shares. Anduril's founder, Palmer Luckey, indicated that the firm anticipates going public between 2026 and 2029. In discussions with investors, Anduril's valuation has been a topic of interest, with estimates ranging from $14 billion to over $20 billion based on recent secondary market activity. The company has gained attention for its rapid growth, although the government contracting landscape remains unpredictable.