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$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 support more than 14,000 others as the Navy seeks more submarine parts.

  • 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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El Tiempo Latino broke the news on Monday, October 5, 2026.
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