Anduril commits $3.7 billion to Baltimore shipyard for submarine parts
Anduril will fund a Baltimore County facility with $3.7 billion of its own money to produce components for Virginia-class submarines, backing a Navy contract worth up to $2.9 billion.
Why it matters
The deal shows how private firms are financing major defense projects, shifting financial risk from the government to industry.
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defense contractingprivate investmentshipyardVirginia-class submarinemilitary procurementAndurilBaltimore CountyU.S. Navy
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