Trump announces new shipyard at Sparrows Point, Maryland, backed by Anduril's $3.7bn, with taxpayers to get 40% stake

President Trump announced construction of the largest new US shipyard since World War II at Sparrows Point, Maryland, backed by Anduril's $3.7bn investment plus $2.9bn from the government, with taxpayers to receive a 40% stake. The project will create 3,100 jobs in Maryland and support 11,000 nationwide, with up to $21bn in potential future Navy purchases.

Detected & updated continuously · Source: Nebula