Hadrian Valued at $7.9B After Massive $1.4B Series D Funding Round

The industrial underpinnings of US military readiness have been hampered by an overcommitment to weapons systems whose long-term value is increasingly questionable. This isn’t so much a generational problem as a multigenerational one, since US defense planners have already been trying to address the relevant issues for nearly a generation, and it will likely take at least another generation for the solutions at hand to succeed, if they can indeed be successful.

That is much more of a long-shot than is generally appreciated, given the triumphalism exuded by the frothily valued defense tech startups proliferating across the US. Now, perhaps Hadrian is one of those companies, in light of its announcement that it just closed a $1.37 billion Series D that values the startup at just under $8 bi