New $3.7 Billion Shipyard in Maryland to Boost U.S. Submarine Production

Anduril Industries announced a new $3.7 billion shipyard, Arsenal-2, in Baltimore County, Maryland. This 2-million-square-foot facility will manufacture critical components for Virginia-class submarines, supporting the U.S. Navy's goal to increase attack submarine production and strengthen the nation's submarine industrial base. The project, which includes an up to $2.9 billion contract from the U.S. Navy, is expected to create 3,100 direct jobs and begin operations in 2030.