Overview
- Hadrian closed a $1.37 billion Series D that values the company at about $7.87 billion and was led or co‑led by Baillie Gifford, JPMorgan’s Strategic Investment Group, WCM, Washington Harbour Partners, and Valor.
- The company says the new capital will fund more automated factory builds, expanded R&D, and the rollout of new production lines for munitions and autonomous systems.
- Hadrian plans to scale its Opus factory‑management software and hiring programs, and CEO Chris Power told reporters Opus is already being used by the U.S. Army and Navy.
- The company currently operates nearly 3 million square feet of factory space across four sites, including facilities in Torrance, California, Mesa, Arizona, and Muscle Shoals, Alabama.
- Investors are pouring money into firms like Hadrian as U.S. policy pushes to rebuild domestic defense manufacturing, a shift that could shorten military procurement timelines and give factory workers paid training and equity stakes.