$3.7 billion investment, 3,100 jobs announced by Anduril Industries for new Baltimore County shipyard
The project is expected to create 3,100 direct jobs and 11,000 more, while adding production capacity for Virginia-class submarines, officials said.
- On Tuesday, President Donald Trump and Maryland Gov. Wes Moore announced Anduril Industries will construct Arsenal-2, a $3.7 billion shipyard at Tradepoint Atlantic in Baltimore County.
- The U.S. Navy awarded Anduril an up to $2.9 billion contract to boost submarine production, addressing critical bottlenecks in the Virginia-class program.
- Designed to exceed 2 million square feet, Arsenal-2 will create 3,100 permanent jobs and is projected to contribute $2 billion to the regional economy annually.
- Maryland and Baltimore County officials plan to match up to 13% of the investment, including up to $210 million in property tax relief pending legislative action.
- Operations at the site are targeted to begin in 2030, returning large-scale shipbuilding to the historic Bethlehem Steel site while advancing Anduril's influence in Pentagon initiatives like Project Meridian.
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Anduril, US Navy Announce USD 6.6 Bn Investment to Expand America’s Submarine Industrial Base
Get latest articles and stories on Business at LatestLY. US defence technology firm Anduril has announced a USD 6.6 billion investment to expand America’s submarine industrial base, including USD 3.7 billion for a new software-defined shipyard, the company said in a release, adding, the project is estimated to create over 3,000 direct jobs. Business News | Anduril, US Navy Announce USD 6.6 Bn Investment to Expand America’s Submarine Industrial B…
"Arsenal-2" will be erected in the former industrial area of Sparrows Point through a partnership between the Department of Defense and Anduril Industries
(Seoul = Yonhap News) Reporter Lee Seong-han = Silicon Valley defense tech startup Anduril announced plans to build a shipyard to manufacture advanced submarine components for the U.S. Navy on the 5th (local time...
US President Donald Trump has announced plans for a new shipyard in Sparrows Point, Maryland, which he said would be the largest new shipyard in the country since World War II. The Arsenal-2 facility is being developed by Anduril Industries and is designed to produce components for the Virginia-class nuclear submarines. “The workers of Baltimore and this shipyard in Sparrows Point have been part of America’s industrial strength for more than 100…
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