The Trump administration is turning to a defense technology giant in a $6.6 billion effort to speed production of submarines as the U.S. struggles to keep pace with China's vast shipbuilding capacity.
The ramp-up in production brings a Silicon Valley-style manufacturer into one of the Pentagon's most troubled industrial bases as they fall behind expected pace of two Virginia-class attack submarines per year.
Anduril will build a more than 2-million-square-foot shipyard at Sparrows Point shipyard just outside of Baltimore to manufacture critical submarine components, eventually scaling up to large sections of the vessels. A senior administration official said the facility could add roughly 9 million labor hours a year, equivalent to about a 15% increase in submarine production capacity.
President Donald Trump will visit the shipyard on Tuesday afternoon to formally announce the new initiative in Baltimore alongside Anduril leadership. ---More...
???? BREAKING: In a massive announcement from Maryland, President Trump announces $3.7 BILLION from Anduril to build a new 2-million-square-foot submarine manufacturing shipyard — the largest new shipyard since WWII
AMAZING!!
It will even build AUTONOMOUS subs and other critical components ????????
Over 3,100 new jobs, and support 11K jobs nationwide
$2.9B additionally is coming from the Trump admin and Congressional GOP ????????
- Largest new U.S. shipyard since WWII, launching construction today at Sparrows Point in Baltimore
- Site built early Navy frigates, steel for Empire State Building and Golden Gate Bridge, and the first WWII Liberty ship
- Will build next-gen American submarines, including autonomous subs, torpedo tubes, and Virginia-class attack sub components
In a massive announcement from Maryland, President Trump announces $3.7 BILLION from Anduril to build a new 2-million-square-foot submarine manufacturing shipyard — the largest new shipyard since WWII
AMAZING!!
It will even build AUTONOMOUS subs and other critical components.
Over 3,100 new jobs, and support 11K jobs nationwide
$2.9B additionally is coming from the Trump admin and Congressional GOP
