Anduril founder says Trump’s $14 billion Taiwan arms delay affects business

  • Palmer Luckey said Trump’s delayed Taiwan arms package is affecting Anduril’s business.
  • Taiwan had received roughly $11.1 billion under earlier arms agreements.
  • Taiwan signed an August 2026 contract for over 2,000 Altius systems.

Anduril founder Palmer Luckey said President Donald Trump’s delay in approving a $14 billion arms package for Taiwan is affecting the defense technology firm’s business. The package has been held up since May 2026, after Trump’s summit with Chinese President Xi Jinping, as Washington weighs the deal’s strategic value and possible Chinese retaliation, including restrictions on rare earths. Luckey said he had raised the issue with Trump, Vice President JD Vance and Secretary of State Marco Rubio. Taiwan had already received about $11.1 billion in deliveries under earlier agreements and signed an additional contract worth approximately $847 million in August 2026 for more than 2,000 Anduril Altius systems. Luckey warned that the delay was slowing Taiwan’s military modernization as well as affecting Anduril’s commercial prospects. The Altius loitering munitions form part of Taiwan’s effort to field large numbers of relatively inexpensive, distributed systems intended to complicate a potential Chinese amphibious assault.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.