The autonomous technology developer secured an additional $2.9 billion contract from the US Navy to build the two million square-foot ‘Arsenal-2' in Baltimore, Maryland
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Anduril Investing $3.7 Billion In New High-Tech Maryland Shipyard
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Anduril Lands $2.9b Navy Deal as U.S. Ramps Up Submarine Production
Anduril Industries, known for building drones and autonomous aircraft, is investing $3.7 billion to build a massive new shipbuilding facility in Maryland, a move that will enhance the US Navy’s nuclear-powered submarine production.
Anduril announced on Tuesday morning that it will break ground on a new facility in Baltimore County, Maryland, to build critical components for Virginia-class submarines. The company has committed $3.7 billion of its own capital to the shipyard, more than the $2.
Anduril will invest $3.7 billion in a Sparrows Point, Md., shipyard for Virginia-class sub parts and won a Navy contract worth up to $2.9 billion; operations expected in 2030.
Defense contractor Anduril is planning to invest $3.7 billion into a new shipyard in Sparrows Point, Baltimore, to manufacture parts for Virginia-class submarines. The company secured up to a $2.9 billion contract with the U.S.
President Trump will give remarks Tuesday afternoon in Baltimore to unveil a multibillion-dollar investment aimed at boosting U.S. submarine production. Defense technology company Anduril Industries plans to invest $3.
The autonomous technology developer secured an additional $2.9 billion contract from the US Navy to build the two million square-foot ‘Arsenal-2' in Baltimore, Maryland
Defense technology company Anduril is betting billions of dollars that a massive new Maryland shipyard can help break one of the Navy’s most persistent submarine-production bottlenecks. President […]
A $3.7 billion private bet in Maryland is designed to add 15 percent to Virginia-class production capacity. The Navy will pay against production outcomes, a hard test for a shipbuilding logjam that money alone has failed to clear.
Anduril’s $3.7 billion bet will mean nothing unless its software-defined shipyard can turn Navy money and industrial promises into certified submarine parts delivered on time. #Anduril #VirginiaClass #USNavy #NavalShipbuilding #SubmarineIndustrialBase
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Anduril Investing $3.7 Billion In New High-Tech Maryland Shipyard | Since Then
