WORLDTECHTechnology SINGLE SOURCE
Anduril to build $3.7bn Baltimore shipyard for US Navy submarine parts
First reported Source: The Next WebLast editorial activity
What happened
Anduril will invest $3.7bn in a new shipyard near Baltimore to build parts for the US Navy’s Virginia-class submarines, the defence company said on Tuesday. The Navy has also awarded Anduril a contract worth up to $2.9bn, with payments tied to demonstrated production outcomes. Together, that is $6.6bn for the submarine industrial base.
Sources & evidence
- The Next Web Reporting source
Anduril to build $3.7bn Baltimore shipyard for US Navy submarine parts ↗
https://thenextweb.com/news/anduril-3-7bn-shipyard-baltimore-virginia-class-submarines