Watch live: Trump to unveil major investment in Baltimore submarine shipyard
Summary
President Donald Trump will announce a large investment in Baltimore to increase the production of U.S. submarines. Anduril Industries plans to invest $3.7 billion in a new shipyard, and the U.S. Navy may spend up to $2.9 billion to buy submarines made there.Key Facts
- President Trump will speak in Baltimore about a new investment.
- Anduril Industries will invest $3.7 billion to build a submarine shipyard.
- The shipyard will be located at Tradepoint Atlantic in Sparrows Point, Baltimore.
- The U.S. Navy might spend up to $2.9 billion purchasing submarines made at this shipyard.
- The goal is to increase U.S. submarine production capacity.
- This investment aims to strengthen U.S. defense technology and manufacturing.
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