IRAD

topic on 2 shows · 2 statements across 2 episodes

the a16z Podcast 20VC

2 statements about IRAD, every show

a16z Assertion Supported
Luckey: Legacy defense contractors spend only 1-4% on internal R&D
“We now have a defense industry that spends a measly one to four percent of revenue on internal research and development, IRAD.”
Palmer Luckey Feb 6, 2023 ▶ 7:26 Rebooting the Arsenal of Democracy
20VC Assertion Partly supported
Palmer Luckey: Defense primes spend only 1-3% of revenue on R&D
“Like a typical defense contractor will spend between one and three percent of their revenue on IRAD. Whereas a modern tech company is going to be spending 20 to 50 to even 80% of their revenue on IRAD.”
Palmer Luckey Sep 28, 2020 ▶ 14:47 20VC: Anduril Founder, Palmer Luckey: "I Am Here To Build a $50Bn Company", How Palmer Evaluates His Relationship To Money Pre & Post Oculus' $2.3Bn Exit & Why The US DOD Needs To Be More Like China in It's Approach

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