Business & Finance

Anduril intends to construct submarine manufacturing shipyard in Baltimore

The defense firm plans a $3.7 billion Maryland facility, according to The Washington Sun.

Updated Oct 7, 2026 · 16:33 UTC7 reports

The short version

Anduril Industries plans to invest $3.7 billion to construct the Arsenal-2 shipyard at Sparrows Point in Baltimore.[The Washington Sun]
The facility will build sections for Virginia-class submarines under a Navy component contract worth up to $2.9 billion.[The Washington Sun]
The project is expected to generate over 3,100 permanent jobs, with hiring targeted for 2029 and operations launching in 2030.[The Washington Sun]
Local incentives covering up to 13 percent of the investment remain pending formal approvals from state and county lawmakers.[The Washington Sun]

Anduril Industries plans to invest $3.7 billion to establish a new shipyard in Baltimore to manufacture sections of Virginia-class attack submarines.[The Washington Sun]
The U.S. Navy has awarded Anduril a production contract valued at up to $2.9 billion for submarine components.[The Washington Sun]
Operations at the Arsenal-2 facility are targeted to begin in 2030, following the start of hiring in 2029.[The Washington Sun]
The planned Sparrows Point site is projected to support more than 3,100 permanent positions.[The Washington Sun]
Maryland and Baltimore County have pledged economic incentives covering up to 13 percent of Anduril's expected private spending.[The Washington Sun]

The committed local incentives require forthcoming approval from the Maryland General Assembly and the Baltimore County Council.[The Washington Sun]
Federal funding for the broader manufacturing initiative is contingent on approval through future government budgets.[The Washington Sun]

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.