Palmer Luckey's Anduril and the US Navy are investing billions in a new shipyard to build parts for critical submarines
Anduril Industries and the US Navy are investing $6.6 billion to build a new shipyard in Maryland to manufacture components for Virginia-class submarines. The facility, named Arsenal-2, aims to address supply chain bottlenecks and increase production capacity by 2030.
Why it matters
The investment is a critical step in bolstering US naval defense capabilities and addressing industrial base delays in submarine production.
Virginia-class submarine production has run into various problems with the supply chain and industrial base. US Navy photo by Mass Communication Specialist 2nd Class Nicholas A. Russell Anduril and the US Navy are building a new shipyard for producing parts for Virginia-class submarines. The shipyard is expected to open in 2030 in Maryland. Supply chain and industrial base problems have caused delays in deliveries of the vessels. The US Navy and Anduril Industries are teaming up to build a new shipyard to produce critical parts for Virginia-class submarines. Both the defense company, co-founded by Palmer Luckey, and the Navy will invest billions of dollars to construct the facility in Maryland, with plans to launch initial operations in 2030.
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