Anduril to invest $3.7bn in Maryland shipyard after securing $2.9bn US Navy submarine parts contract
Defence technology firm Anduril has said it will invest $3.7bn to develop a new shipyard in Maryland and build critical components for the United States Navy's Virginia-class submarines. The company also said it has secured a $2.9bn US Navy contract to manufacture submarine parts. The project, known as Arsenal-2, is part of a wider push to expand US naval production capacity.The new facility is planned for Baltimore, Maryland, and is expected to make torpedo tubes and larger hull components for upgraded Virginia-class fast attack submarines. Anduril said the plant will support the Navy's submarine production needs as Washington seeks to... [Continue Reading]
360LiveNews | 06 Oct 2026 22:30 LONDON
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