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Palmer Luckey, founder of Anduril Industries, stated that the U.S. could significantly reduce its defense budget by focusing on the effectiveness of military spending rather than the amount spent. He made these remarks at Singapore's Airshow, emphasizing that measuring military strength in financial terms is inaccurate.

Luckey's comments come after President Trump's proposal to raise the U.S. military budget to $1.5 trillion by 2027. He also noted that current incentives do not encourage American defense companies to produce cost-effective military solutions. Anduril Industries, established in 2017 and ranked No. 1 on CNBC's 2025 Disruptor 50 list, is valued at $30.5 billion and specializes in autonomous defense products powered by AI.