New submarine plant planned at Baltimore multimodal hub

Anduril Industries has announced plans to invest $3.7 billion in a new submarine-component manufacturing facility at Tradepoint Atlantic, a multimodal logistics hub in Baltimore. The 2 million-square-foot plant, which will commence initial operations in 2030, is expected to create 3,100 permanent jobs and return shipbuilding to the historic Sparrows Point site, previously home to Bethlehem Steel.

Anduril will manufacture components for the U.S. Navy's Virginia-class nuclear-powered attack submarines, which will be transported to Huntington Ingalls in Newport, Va., and General Dynamics Electric Boat in Groton, Ct., for final assembly. The Navy has already awarded Anduril a $2.9 billion contract for the project, which has faced controversy due to the appointment of Anduril co-founder Palmer Luckey to a Pentagon weapons advisory group, alongside Elon Musk and former Republican Congressman Newt Gingrich.

Maryland officials have hailed the development as the state's largest single private investment and largest job-creation project in over a decade, supporting more than 14,000 total jobs and generating over $2 billion in annual economic output. The project will utilize Tradepoint Atlantic's deepwater port, rail, and highway connections, as well as its proximity to other submarine contractors, to manufacture smaller submarine components, including torpedo tubes, before expanding into larger sections.

Maryland and Baltimore County have committed to matching up to 13% of Anduril's anticipated private investment through various incentive programs.