Trump Announces $3.7 Billion Anduril Shipyard for Nuclear Submarine Components
President Donald Trump announced Anduril Industries will invest $3.7 billion in Arsenal-2, a new Maryland shipyard producing components for Virginia-class nuclear-powered submarines. The U.S. Navy separately awarded Anduril a contract worth up to $2.9 billion, bringing the project’s combined potential value to $6.6 billion.
The project is designed to expand U.S. submarine-production capacity amid growing demand from the Navy and commitments under the AUKUS security partnership. It is expected to create 3,100 direct jobs and support more than 11,000 additional jobs
Permitting and site preparation will begin immediately, followed by construction once approvals are secured. Initial operations are targeted for 2030, with Anduril eventually aiming to manufacture larger submarine modules and hull sections.
6 Oct 2026 → $3.7 billion Arsenal-2 investment announced
U.S. Navy awards contract worth up to $2.9 billion
Site preparation and permitting begin
Construction follows
2030: Initial operations expected
Production expands progressively thereafter.
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1. Associated PressView Original
