Part 10/13:
Perhaps most remarkable is how Palmeri’s company is challenging the traditional defense industry dominated by giants like Lockheed Martin and Raytheon. Instead of relying on government contracts, Andrew developed Eagle Eye independently, using private funds. They then approached the military with a proven prototype, bypassing years of bureaucracy, lobbying, and delayed procurement processes typical of the industry.
This business model—disruptive and risk-taking—demonstrates a new approach to defense: innovation driven by private capital, rapid development, and direct pitch to the military. Palmeri notes that this method allows for faster innovation cycles, avoiding the sluggishness and inefficiency often associated with traditional defense contracting.