Anduril Announces $3.7B Maryland Shipyard and Wins $2.9B Navy Submarine Contract
Defense technology firm Anduril has announced plans to invest $3.7 billion in a new shipyard in Maryland, aimed at producing components for the U.S. Navy's Virginia-class nuclear submarines. This marks an expansion into traditional defense manufacturing by the privately held company. In addition, the U.S. Navy awarded Anduril a separate contract worth $2.9 billion to support submarine-related efforts. The dual developments highlight growing confidence in Anduril’s capabilities and its increasing role within the defense sector.
Topics: Anduril investment U.S. Navy Virginia-class submarines