Anduril, US Navy announce USD 6.6 bn investment to expand America's submarine industrial base
Washington, Oct. 7 -- US defence technology firm Anduril has announced a USD 6.6 billion investment to expand America's submarine industrial base, including USD 3.7 billion for a new software-defined shipyard, the company said in a release, adding, the project is estimated to create over 3,000 direct jobs.
According to the release, US President Donald Trump announced a new software-defined shipyard backed by Anduril Industries called Arsenal-2.
The facility will manufacture critical components for Virginia-class submarines, adding capacity to the US submarine industrial base as the Navy seeks to increase attack submarine production. Virginia-class submarines are built by General Dynamics Electric Boat and Huntington Ingalls Industries' ...
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