Anduril and Navy commit $6.6 billion to new Maryland submarine shipyard

President Trump announced a $6.6 billion investment Tuesday to build a new shipyard, Arsenal 2, at the former Bethlehem Steel site in Sparrows Point, Maryland. Anduril Industries will invest $3.7 billion, with the Navy contracting up to $2.9 billion for production, mainly of Virginia-class submarines. The White House said the project will create over 13,000 direct and indirect jobs. Governor Wes Moore did not speak at the event.