The Hill & Valley Forum Podcast Anduril CEO Brian Schimpf & Mike Waltz | The Arsenal Reimagined: Designing the DoD for the 21st Century Battlefield
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May 3, 2025 
Brian Schimpf, co-founder and CEO of Anduril, and National Security Advisor Michael Waltz dive into the pressing need for reform in defense procurement. Schimpf champions free market competition to enhance the U.S. defense industry, emphasizing accountability and innovative manufacturing. Waltz discusses how the tech sector can collaborate with defense, especially in light of China's military advancements. They explore the need for the U.S. to modernize its defense strategy and the stakes of falling behind in critical technologies.
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Modernize Acquisition Processes Fast
- Reform acquisition by moving at commercial and tech pace, focusing on capability-based requirements.
- Reduce regulatory and overhead hurdles to speed up innovation adoption by the government.
Accountability Rising in Defense Contracts
- The pivot toward China has created urgency and accountability in military contracting.
- Agencies are now canceling contracts for non-performance, which was rare before.
Need for Free Market in Defense
- The defense acquisition model is outdated with 20-30 year cycles that stifle innovation.
- Free market competition and rapid procurement could unlock better, cheaper weapons faster.