Trump announces $6.6bn Arsenal Two submarine-parts factory in Baltimore

On October 6, 2026, Donald Trump announced Arsenal Two, a $6.6 billion Anduril-owned factory at Sparrows Point in Baltimore to build torpedo tubes and sections for Virginia-class nuclear-powered attack submarines. The project pairs $2.9 billion in Navy funding with $3.7 billion private capital. Anduril says production would begin in 2030.