🇺🇸 Trump has announced that defense technology company Anduril will invest $3.7 billion in a 2-million-square-foot shipyard at Sparrows Point, just outside Baltimore.

The facility will build components for the US Navy's Virginia-class attack submarines, starting with parts such as torpedo tubes and later scaling up to large sections of the hull.

The Navy has also given Anduril a contract worth up to $2.9 billion, bringing the total package to $6.6 billion.

Washington is turning to a company known mainly for drones and software because its existing submarine builders are behind schedule, short of skilled workers and plagued by late deliveries.

🔴 @DDGeopolitics