A senior U.S. Army acquisition leader said that Anduril Industries could become a supplier for the service’s hypersonic weapons push, as the Army looks to blend premium long-range missiles with cheaper options to expand stockpiles. 

Lt. Gen. Frank Lozano listed Anduril alongside Castelion and Ursa Major as companies the Army is engaging as it tries to increase what he called "magazine depth" for hypersonic munitions, while speaking at the Center for Strategic and International Studies, Aviationweek reported. 

"I have to create greater magazine depth from a hypersonic perspective, and so that’s why we’re actively working with Castelion, we’re actively working with Anduril, and we’re actively working with Ursa Major to expand the scope of the number of hypersonic capabilities that we have in our inventory," Lozano said.

Lozano also described a target mix for the Army’s long-range missile inventory, with about 40% in a higher-end category and the rest, approximately 60%, designed to be lower cost. He framed the more expensive weapons as tools for striking high-value targets at extended ranges, including command-and-control facilities, radar sites, and ballistic missile launchers. 

"I want to be able to stand off at a very long distance and strike key command-and-control nodes. I want to be able to strike key radar sites. I want to be able to take out ballistic missile launch targets. I can do that with very exquisite GPS-denied capabilities, counter-electronic attack capabilities, [which is] a very highly capable, survivable weapon system," Lozano said.

While Lozano did not identify a specific program, his description matched the type of features associated with Lockheed Martin’s Long Range Hypersonic Weapon effort, also known as Dark Eagle, with per-unit costs described as in the tens of millions of dollars. 

After those high-end strikes, Lozano said the concept shifts to closing distance and using larger volumes of more affordable munitions.

The comments followed earlier signals of Anduril’s interest in hypersonics, including the company’s confirmation in March that it had started an internal development effort. Anduril also placed three company-funded hypersonic payloads on a Rocket Lab launch that was announced in May, according to the report.

In May, Anduril announced its Series H Funding round had raised $5 billion, putting the defense technology company’s valuation at $61 billion. The funding round was led by Josh Kushner’s Thrive Capital and Andreessen Horowitz.

This funding round has doubled the company’s valuation from $30.5 billion in mid-2025. The firm has grown significantly from its $4.7 billion valuation in 2021, driven by AI-powered autonomous systems and surging revenue.

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