Economic TimesLean R·
Defence startups raid auto and fracking sectors for parts to speed weapons output
Soaring demand for rocket motors used to power missiles and other weapons has spurred new thinking about supply chains. Seeking big returns, Silicon Valley-style startups are now taking on defense companies that have long dominated the industry, pulled into the competition by a need for production speed, high volume and lower costs, according to ten industry executives, experts and U. S officials interviewed by Reuters.
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