Trump Announces $6.6 Billion Arsenal Two Factory for Submarine Parts in Baltimore

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