$3.7 billion investment, 3,100 jobs announced by Anduril Industries for new Baltimore County shipyard
Anduril says the project will add 3,100 direct jobs and more than 11,000 indirect jobs as it expands submarine component 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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The project will be developed in Baltimore and contemplates the construction of a high-tech shipyard that will produce parts for Virginia class submarines.
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BALTIMORE — President Donald Trump and Secretary of War Pete Hegseth on Tuesday marked the start of construction on what they called the largest new U.S. shipyard since World War II, a 2-million-square-foot submarine plant at Sparrows Point that defense firm Anduril says it will build with a $3.7 billion investment. The facility, named Arsenal-2… The post Trump, Hegseth launch largest new U.S. shipyard since World War II in Baltimore appeared fi…
$3.7 Billion Is Bringing Shipbuilding Back To Maryland — And 14,000 Baltimore County Jobs With It - The BayNet
NOTE: The Office of the Governor shared the following press release: ANNAPOLIS — The State of Maryland and Baltimore County today announced a $3.7 billion private capital investment by Anduril Industries in a new, two million square-foot software-defined shipyard in Baltimore County—Arsenal-2—that will expand America’s submarine industrial base. The facility is expected to support over […]
Another Junior-Linked Firm Gets Massive Defense Deal
The Guardian reports: Donald Trump on Tuesday announced the opening of a new $6.6bn shipbuilding factory in Baltimore, partly funded by the US government but owned by Anduril Industries, a politically connected defense company. Trump’s appearance at a currently unused shipyard in Sparrows Point is a boost to Anduril, whose founder, Palmer Luckey, is a … The post Another Junior-Linked Firm Gets Massive Defense Deal appeared first on Joe.My.God..
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…
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