Anduril to invest $3.7B in new Baltimore shipyard to build Virginia-class submarine parts
Summary
Anduril plans to invest $3.7 billion to build a new shipyard in Baltimore for making parts of Virginia-class submarines. The company has a contract with the U.S. Navy worth up to $2.9 billion and expects to create over 3,000 jobs at the new facility.Key Facts
- Anduril will invest $3.7 billion in a new shipyard at Sparrows Point, Baltimore.
- The shipyard will produce parts for Virginia-class submarines.
- The facility is named Arsenal-2 and will cover 2 million square feet.
- Anduril secured a U.S. Navy contract worth up to $2.9 billion.
- The new shipyard will create more than 3,000 jobs in Maryland.
- The investment supports U.S. Navy submarine manufacturing needs.
- This project aims to boost local employment and defense industry capacity.
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