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Saronic Commits $3.2B, 10,000 Jobs for Texas Shipyard

7/20/2026

Summary

Story summary

Saronic Technologies announced a $3.2 billion investment to build a shipyard on 835 acres in Brownsville, Texas.
Governor Greg Abbott and CEO Dino Mavrookas said the project will create 10,000 jobs, pay $750 million to Texans, and generate $160 billion regional and $264.5 billion state impact.
Saronic invested $300 million in a Franklin, Louisiana shipyard for the Marauder USV, with the U.S. Navy using three Corsair unmanned vessels on July 13 to strike Iran’s Bandar Abbas port.

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Story summary

Saronic Technologies announced a $3.2 billion investment to build a shipyard on 835 acres in Brownsville, Texas.
Governor Greg Abbott and CEO Dino Mavrookas said the project will create 10,000 jobs, pay $750 million to Texans, and generate $160 billion regional and $264.5 billion state impact.
Saronic invested $300 million in a Franklin, Louisiana shipyard for the Marauder USV, with the U.S. Navy using three Corsair unmanned vessels on July 13 to strike Iran’s Bandar Abbas port.