The Ledger, every show

“Where there's something like 250 times the shipbuilding capacity you know, massively, massively, probably thousands of times on the weapon side. You know, it is just on drones. It's massive. Like, you just, kind of look category by category, massively outpacin…”

“You know, one of the areas where we see it is showing up with weapons, so when you look at these wargaming sort of scenarios, and you know, all these wargames are sort of questionable in their own ways but pretty consistently the stockpile of key U.S. Munition…”

“It's just there are 10 times as many people who say no as there are to people who are accountable for doing it.”

“I don't see a world where, like, the defense budgets could magically shrink, and we still have the military that we need to have, but I do think these things can be done wildly more efficiently than they ever have in the past.”

“Europe is going to spend something like Four times the amount of procurement that the U S is over the next five years.”

“Is there enough composites capacity or printed circuit board capacity in the U S or CNC shops? The answer is absolutely yes. There is definitely enough capacity”

“Europe is going to spend something like four times the amount of procurement that the U.S. Is over the next five years.”

“Russia today is outproducing NATO on one five five munitions and took about two years.”

“We have no strategic plan as a country for how we preserve supply in a catastrophic situation.”

“China has strategically kind of strangleholded that, you know, not only did they have the processing of those rare earths, but now they've exported, controlled, so they don't allow the export of magnet-making technology. That is now a restricted national techn…”

“An area can be designated a non attainment zone that is over polluted on a certain pollutant. And so then going forward, the EPA says that any new construction requires to remediate that pollutant by any means available, not cost benefit, not that there is any…”

“So number one, the tech for the next 20 or 30 years was going to be like primarily how do you just have more cheap autonomous systems on the battlefield, just more sensors, just more information flowing in.”

“Yeah, I, look, I think the mechanics of, okay, there's this airfield, and you want to go surveil it, and, like, take it you can do some strike, you can do some surveillance, you can do all these things. That, there will be a large degree of automation in that,…”

“Sam especially has been very clear that he supports our war fighters and he cares about having the best minds in AI working on national security and like who better exists to work through these hard problems.”

“Do I think it's necessary to change for us to be successful? Not really. Like, we're just going to play the game that they present.”

“I think SpaceX had a third the amount of money that Boeing was given to make Starliner work.”

“The single best stat for this is they are running hundreds of tests a year of hypersonic weapons. The US is running, like, four.”

“Empirically, Russia, You know, about same duration, about two years to retool their industry against defense production. They are now out producing all of NATO on munitions.”

“Most of these traditional weapons where it's like overly bespoke components, you're like, it's like, we got to get the dude that knows how to solder this one thing out of retirement. Like in the supply chains are super deep. Like four year lead times on these …”

“Actually a lot of the primes right now are saying they will not do firm fixed price. Contracts anymore because they've often taken a significant loss on most of the programs that they're doing with this.”

“We know that China is, you know, investing in similar technologies. We know they're going to move out on it,”

“The attack in Tower 22 is very tragic, and it's the type of thing that I think is going to, frankly, increase in frequency.”

“Nearly every country has what is the equivalent of cruise missiles.”

“As a result, we're shooting Patriot missiles and, you know, advanced air-to-air missiles at these 100,000 dollars threats, shooting two million dollar missiles at them.”

“So our belief is this is a solvable problem. You could take advantage of commercial innovation on this, and there should be no capacity constraints you know, over any sort of five-year period to actually be able to produce these systems.”

“The U S is not going to adopt systems that have autonomous robots going out and making sort of lethal decisions about, you know, what to attack or not. That's not really how the U S works. We assign accountability to the person that employed a weapon system. T…”

“There are multiple companies doing very credible things on, you know, hypersonic air vehicles, hypersonic rockets and missiles that will be wildly cheaper than the state of the art defense. And it's something that, you know, historically you would have said th…”

“Proliferated satellites and drones you know, an ability to consume mass amounts of information, make sense of the whole battle space, and the ability to engage with targets at outrageously long ranges on a very quick timeline, that fundamentally alters the cha…”

“So we're eight years ish in we're at about 7000 employees. We have consistently doubled revenue like every year, right? So even like over a billion, we're still doubling revenue.”

“We're making autonomous fighter jets. You know, like three years ago, we weren't believable to make autonomous fighter jets. Now we're doing it. And we're going to have them be produced in a production facility in like months from now.”

“The procurement budget as a percentage of GDP, for example, is I think the lowest it's ever been.”

“I think the way they're structuring some of these is actually really clever, right? Like they basically, with one of these, this empty materials company, they basically guaranteed a minimum offtake and a price floor.”

“This is where I think tariffs applied on more of like, you know, kind of a national security industrial policy basis can be really advantageous. Create the time for, you know, American and allied industry to be able to get price competitive. It's just going to…”

“But if we are looking at, you know, we've got to add a crisis work all the way back to the raw materials that we didn't plan for. Now you're looking at five years of lack of being able to reconstitute that supply chain.”

“You know, I think a lot of the things that were starting to happen in Ukraine, a lot of the great work Palantir did was on things like this, where it was like the targeting process of going from satellite imagery through to, hey, this looks like a tank, throug…”

“The amount of money that's actually spent on capabilities like the types of things we're working on is somewhere like between .1 and .2% of the defense budget.”

“I think the hard reality with this is it's just like venture. It's just like any sort of industry where there isn't going to be 500 success stories. That is unlikely to be the case, right?”

“It was just like under two years from when we started from Never having done a weapons program to having a fielded weapon capability”

“We are producing less nuclear submarines per year, year over year than we have in the past. So we're like, 1.7 per year we can produce these submarines. It's not getting better, and the workforce to make these is retiring.”

“Historically the US has been one of the few countries that has been able to make like cruise missiles, but with the low cost of drones, now effectively Iran and nearly every country has the equivalent of low cost cruise missiles. For, you know, like a 100,000 …”

“This was not like 10 year development programs. They're able to turn new drone technologies in months.”

“Just, you know, the dollars to launch, you know, any given amount of satellite with Starship is going to be so cheap. It changes things so fundamentally that, I don't think people have fully realized how monumental a shift that is going to be in terms of the a…”

“Nearly every drone company that's been deployed into there has had the same reaction. Very little works on that communication link. You gotta actually very quickly innovate on it and solve these problems.”

“Over the next few years, we are going to become So involved in nearly every aspect of U S and international defense in a way that I think is going to be very positive for us, very positive for the world, but just the sheer scale and breadth that we will be op…”

“Everyone is slinging Andurl stock that they don't have.”

“More than half goes to personnel costs, to facilities, to military construction. So you just have an outrageous percentage going to these fixed costs that you have that are not next generation technology. And then There's an outrageous cost as well then to sus…”

“The procurement budget as a percentage of GDP, for example, is I think the lowest it's ever been.”

“I don't think it's gonna start with, you know, making low cost iPhones, but I think starting in defense production, starting in aerospace, Areas where there's like a national interest in keeping this on the U.S., and then looking at mass-producibility there.”