How The Top 25 B2B Public Companies Have Performed In 2025 So Far — And What They Tell Us About the Future
SaaStr
JUNE 21, 2025
What this means for founders : If you can get security clearances and build something the Pentagon needs, you’re not in software anymore—you’re in the defense contractor business. The market is getting smarter about AI washing vs. real AI business models. And defense contractors don’t trade at 10x revenue.
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