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SPARROWS POINT, MD – October 6, 2026 (STL.News) President Donald Trump on Tuesday promoted a major expansion of the U.S. submarine industrial base as defense technology company Anduril Industries unveiled plans to invest $3.7 billion in a new Maryland manufacturing facility and secured a U.S. Navy contract valued at up to $2.9 billion. The two commitments have a combined potential value of $6.6 billion, but they are separate pieces of the project: $3.7 billion is Anduril’s planned private investment, while the Navy portion is a contract worth up to $2.9 billion for submarine production. The new facility, called…Source…
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