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Anduril Announces $3.7B Arsenal-2 Shipyard Investment in Maryland

By Drooid · · How we work

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Anduril Secures Billion-Dollar Contracts
  • Anduril announced a $3.7 billion investment to build the Arsenal-2 shipyard at Sparrows Point, Maryland.
  • The U.S. Navy awarded Anduril a contract worth up to $2.9 billion for Virginia-class submarine components.
  • Arsenal-2 will begin operations in 2030 and generate about 3,100 jobs.
  • Co-founder Palmer Luckey joined the Pentagon’s Project Meridian task force on future weapons.
  • Payments depend on production outcomes and Anduril assumes most execution risk for the contract.
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