US firm gets $2.9bn sub deal after boss joins war study with Musk

Anduril said it would invest $3.7bn to develop shipyard that would build submarine parts.Published On 6 Oct 20266 Oct 2026Defence technology firm Anduril said it will invest $3.7bn to develop a new shipyard in the US state of Maryland and will build critical components for the United States Navy’s Virginia-class submarines, as Washington seeks to bolster its maritime defence capabilities.California-based Anduril Industries confirmed on Tuesday it would invest in the submarine production plant, dubbed Arsenal-2, and will receive a $2.9bn US navy contract to manufacture submarine parts.Recommended Stories list of 3 itemslist 1 of 3US delivers F-16V fighter jets to Taiwan as island eyes threat from Chinalist 2 of 3New aircraft carrier, 10,000 US troops: Is the Iran war about to escalate?list 3 of 3US pulls bombers from UK base: Is Iran manoeuvring Trump’s war plans?end of listUS President Donald Trump was set to unveil the project and announce a massive naval shipyard expansion in Baltimore, Maryland, on Tuesday afternoon.Anduril is a defence technology firm whose co-founder, Palmer Luckey, is heading a new Defense Department project alongside technology billionaire and former top Tru...