Trump announces $6.6 billion submarine shipyard in Maryland

Home

China

World

Politics

Business

Sci-Tech

Health

Opinions

Video

Live

Radio

World Asia-Pacific Middle East Europe Americas Africa

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

US President Donald Trump arrives on Marine One before speaking at an event for Anduril Industries, at Sparrows Point Shipyard, Maryland, US, October 6, 2026, /VCG

US President Donald Trump announced on Tuesday that the United States will invest $6.6 billion to build a new shipyard in Sparrows Point, Maryland, to produce submarines, submarine components and unmanned underwater vehicles.

Speaking in Maryland, Trump said the new shipyard will build the next generation of US submarines and manufacture key components, including unmanned underwater vehicles, torpedo launch tubes and parts for Virginia-class nuclear-powered attack submarines.

The project is expected to create more than 3,100 jobs in Maryland and support an additional 11,000 jobs nationwide, Trump said.

According to the US Department of Defense, the shipyard is expected to become "the largest facility of its kind in the United States." It will be built and operated by US defense contractor Anduril Industries.

Anduril will invest $3.7 billion in the project, while the US Navy will contribute $2.9 billion, according to the department.

Open in CGTN APP for better experience

Search Trends