Anduril lands $2.9B Navy contract for submarine components

Anduril won a contract worth up to $2.9 billion with the U.S. Navy to boost submarine production. The company will invest $3.7 billion in a new Baltimore County shipyard, Arsenal-2, set to open in 2030 with 3,100 jobs.

• Navy contract worth up to $2.9 billion for Virginia-class submarine components
• Anduril to invest $3.7 billion in the Arsenal-2 shipyard in Maryland
• Facility to start operations in 2030, creating 3,100 jobs
• Some components to be made at a 160,000-square-foot site in California