Matthew Steckman is President and CBO of Anduril Industries. He explains why defense startups require a mix of silicon valley technologists and defense industry insiders to navigate the market.
“Founding teams, one of the most important things in, in defense is some of them can be outsiders and, you know, brilliant technologists and thinkers. It does take a lot of inside knowledge and I think that one of the things we got right and keep getting right is that blend of Like the outside inside process who can think differently and bring in sort of commercial perspective high tech perspective add kind of entropy into the system. And then who can really deeply represent our customers, how they think, how does that come together uniquely that that becomes super important to having any success in the defense world.”
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More from Matthew Steckman
AssertionSupported
Steckman: Anduril builds cruise missile airframes like bathtubs using contract manufacturers
“The cruise missile we build, the actual airframe is built like you build a bathtub. And so we can take advantage of tons of contract manufacturers in the United States that can actually build a bathtub, right?”
Matthew SteckmanMar 23, 2026▶ 33:2399% of Drone Companies Will Die & Why Anduril’s Products Aren’t an Ethics Debate | Matthew Steckman · 20VC with Harry Stebbings
Insight
Steckman: Defense founders must defer ethical rules to democratically elected governments
“If you work in defense, and if you start a defense company, your moral compass tends to be pretty clear on this question, which is, we have a democratically elected set of governments that represent the US, the Alliance, NATO, all of the countries participatin…”
Matthew SteckmanMar 23, 2026▶ 35:4699% of Drone Companies Will Die & Why Anduril’s Products Aren’t an Ethics Debate | Matthew Steckman · 20VC with Harry Stebbings
AssertionNot checkable as stated
Steckman: Legacy defense primes get paid to fix mistakes, unlike Anduril
“A lot of our competitors, the really big ones, if they make a mistake, They get paid to fix it. I think if we make a mistake, we lose money, and we lose contracts, so.”
Matthew SteckmanMar 23, 2026▶ 46:0299% of Drone Companies Will Die & Why Anduril’s Products Aren’t an Ethics Debate | Matthew Steckman · 20VC with Harry Stebbings
Insight
Steckman: Defense tech companies require a large US presence to survive
“You basically can't have a defense company if you don't have a large US business.”
Matthew SteckmanMar 23, 2026▶ 9:0899% of Drone Companies Will Die & Why Anduril’s Products Aren’t an Ethics Debate | Matthew Steckman · 20VC with Harry Stebbings
Insight
Steckman: Few military drone programs generate enough revenue for standalone businesses
“There are very few drone programs that would create a material enough amount of revenue to actually create a real business.”
Matthew SteckmanMar 23, 2026▶ 0:2799% of Drone Companies Will Die & Why Anduril’s Products Aren’t an Ethics Debate | Matthew Steckman · 20VC with Harry Stebbings
What-if
Steckman: Anduril missed offensive cyber warfare seven years ago but will enter
“We should have moved into that seven years ago and been the first in it. We weren't big enough probably to really even understand it seven years ago, but like in hindsight, it was kind of obvious. You know, we'll, we'll probably try and play some catch up here…”
Matthew SteckmanMar 23, 2026▶ 17:4599% of Drone Companies Will Die & Why Anduril’s Products Aren’t an Ethics Debate | Matthew Steckman · 20VC with Harry Stebbings
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