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Anduril invests $3.7bn to build a new shipyard near Baltimore for US Navy submarine parts. President Donald Trump announced the project, called Arsenal-2, on Tuesday. The facility creates 3,100 direct jobs and supports over 11,000 indirect ones. Initial operations are expected in 2030. The Navy awarded Anduril a contract worth up to $2.9bn, with payments tied to demonstrated production outcomes.
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