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Anduril Plans $3.7B Submarine Shipyard at Sparrows Point, Bringing 3,100 Jobs to Baltimore County
Anduril said the site will create 3,100 jobs and generate $2 billion in annual economic output as it expands submarine production.
- 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 invest $6.6 billion to boost submarine parts production
(Corrects style in headline) By Nathan Gomes and Shivansh Tiwary Oct 6 (Reuters) - Defense tech firm Anduril said on Tuesday it will invest $3.7 billion to develop a new shipyard in Maryland to build critical components for the US Navy's Virginia-clas...
Anduril announces new facility in Baltimore to build submarine parts
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 $2.9 billion contract it got from the Navy for the two-million-square-foot facility, which will […]
·Washington, United States
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Total News Sources16
Leaning Left3Leaning Right1Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 25%
C 67%
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