$3.7 billion investment, 3,100 jobs announced by Anduril Industries for new Baltimore County shipyard
The project will create 3,100 direct jobs and add capacity for Virginia-class submarine parts as the Navy seeks to boost production, 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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On Tuesday, United States President Donald Trump traveled to Baltimore County, Maryland, to announce a major defense manufacturing investment at Sparrows Point. During his speech to the crowd there, however, he couldn’t help but bring up the hometown Baltimore Ravens. Trump was actually joined by several members of the Ravens’ football team during his speech,…
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Baltimore, U.S.A., Oct. 6 (EFE).- U.S. President Donald Trump announced Tuesday a $6.6 billion public-private investment plan to expand U.S. submarine manufacturing capacity. The president, in full campaign for next November 3 legislative elections, in which Republicans [...] Trump's entry announces $6.6 billion plan to expand U.S. submarine manufacturing was first published in HolaNews.
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