$3.7 billion investment, 3,100 jobs announced by Anduril Industries for new Baltimore County shipyard
- 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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"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…
Trump: Navy to invest $2.9B in planned Sparrows Point submarine shipyard
President Donald Trump pledged $2.9 billion in U.S. Navy support Tuesday for Anduril Industries’ submarine manufacturing shipyard at Sparrows Point, adding federal backing to a $3.7 billion private investment that promises to return large-scale shipbuilding to the former Bethlehem Steel…
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