Trump announces $6.6bn defense shipyard owned by top Republican donor’s firm
Donald Trump announced a new $6.6 billion shipbuilding factory in Baltimore, owned by defense firm Anduril Industries. The project, located at a currently unused shipyard in Sparrows Point, will be partly funded by the US Navy with $2.9 billion, alongside $3.7 billion in private funding.

Briefing Summary
AI-generatedDonald Trump announced a new $6.6 billion shipbuilding factory in Baltimore, owned by defense firm Anduril Industries. The project, located at a currently unused shipyard in Sparrows Point, will be partly funded by the US Navy with $2.9 billion, alongside $3.7 billion in private funding. Anduril founder Palmer Luckey is a significant Republican fundraiser and a friend of Trump. The factory, named "Arsenal Two," is intended to build parts for Virginia-class submarines, though Anduril has no prior experience in manned submarine manufacturing. The operation is not expected to be ready until 2030, and it remains unclear what Trump meant by US taxpayers receiving a "40% stake."
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5 extractedDonald Trump announced the opening of a new $6.6bn shipbuilding factory in Baltimore owned by Anduril Industries.
Anduril will not be ready to produce ship parts until 2030 and has never before played a known role in manned submarine manufacture.
The new factory, to be called “Arsenal Two”, will build torpedo tubes and other sections of Virginia-class nuclear-powered attack submarines.
Anduril's shipyard project is funded partly by $2.9bn from the US navy and $3.7bn in private funding.
Trump said US taxpayers would “receive a 40% stake” in the shipyard.