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President to Announce Submarine Shipyard Plan in Sparrows Point
- 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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Trump to announce $6.6B US investment with Anduril for Baltimore sub facility
The shipyard, known as Arsenal 2, will be supported by $3.7 billion in capital from California-based Anduril and another $2.9 billion from a contract between the company and the US Navy.
·New York, United States
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Coverage Details
Total News Sources22
Leaning Left3Leaning Right2Center9Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 22%
C 64%
14%
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