# Anduril Targets an IPO Within Two Years as It Seeks a Larger Share of Pentagon Spending By John Kim Canonical URL: https://www.tokenpost.com/news/business/55983 Published: 2026-11-12T22:34:52.000Z Updated: 2026-11-12T22:34:52.000Z Section: Business > The company wants federal defense work spread across more suppliers. Its submarine contract and planned Arsenal-2 investment were announced separately. Anduril Industries is aiming to go public within two years while seeking a larger share of U.S. defense spending. Its strategy includes urging the government to distribute defense work across a broader pool of competing suppliers. Anduril said Oct. 6 that its Navy contract for Virginia-class submarine components could be worth up to $2.9 billion. Payments are tied to demonstrated production results, making the stated value a ceiling. The company also announced a separate planned $3.7 billion private investment in its Arsenal-2 shipyard, as described in its [Navy submarine contract and Arsenal-2 investment](). ## Links in this article - [Navy submarine contract and Arsenal-2 investment](https://www.tokenpost.com/news/business/32945)