Anduril Unveils $3.7B Submarine Plant
Article excerpt
Anduril Industries laid out a $3.7 billion plan to build a Maryland shipyard aimed at turning out key hardware for the U.S. Navy’s Virginia-class submarines. The effort pairs private spending with a potential multibillion-dollar Navy deal, giving the defense tech company a bigger role in the submarine supply chain. The Navy also awarded a contract worth as much as $2.9 billion for submarine component production, with compensation tied to output and Anduril taking on most of the delivery risk, Reuters reported. Together, the investment and the contract could total up to $6.6 billion. The Maryland site will be called Arsenal-2 and will be located in Baltimore County. The company expects the facility to be operating by the end of the decade, and it projected 3,100 direct jobs plus more than 11,000 additional jobs supported indirectly. Christian Brose, Anduril’s chief strategy officer, described the structure of the Navy arrangement as outcome-based, saying, "It’s really the government buying the results of what we’re able to produce from the facility that we’ve invested in." The spending and contract come as the U.S. and partner nations work to increase weapons output following Russia’s invasion of Ukraine and fighting in the Middle East. OpenAI will begin rolling out technology to identify AI-generated text in the European Union as new transparency requirements take effect...
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Anduril is also expanding its capacity in California to make Virginia-class submarine parts including torpedo tubes.
