Steve Baxter

speaker
1,374 appearances 1 recordings 1 series first heard Aug 2026 last heard 2 Aug

Steve Baxter’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.

Appearances

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So all that uplift goes into things that we can allocate capital on the companies that can exploit that increase in budget.
When you look at the start of the year, just prior to that Lunatic War that kicked off in Iran, prior to that, so Secretary of War Pete Hegg said he had this, he's a showman, but it was called the Arsenal of Democracy Tour, he called it.
Eight out of the 10 companies he visited didn't exist 25 years ago.
And if you, because SpaceX is 23 years old, exclude those, seven out of 10 didn't exist 10 years ago.
So he's making a statement there.
He doesn't like the old primes.
He's really tired of being ripped off.
And the US generally are.
They understand their defense base was just fat, dumb, and happy, if you know what I mean.
And spending.
Yeah.
But now they're actually spending with smaller companies, more agile companies, startups, let's call them.
Neo primes are sometimes called as well.
And they're getting results, to be honest.
They are changing how this all works.
How has war changed?
It's been changed in a lot of ways, I suppose.
Once again, I'll over-characterize it.
It's the drone, but it's unmanned systems, unmanned platforms.
Really, really cheap and inexpensive.
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