B · Normal
[Trump announces investment of US$6.6 billion to build a factory to build submarines] On October 7, US President Trump delivered a speech in Sparrows Point, Maryland on the 6th, announcing that he would invest US$6.6 billion in a new local shipyard to produce submarines, submarine parts and unmanned underwater vehicles. Trump said in his speech that the new shipyard will build the next generation of U.S. submarines, including unmanned underwater vehicles, torpedo launch tubes and key components of the Virginia-class attack nuclear submarines. Trump also said that the project will create more than 3,100 jobs in Maryland and will drive 11,000 jobs nationwide. According to news released by the US Department of Defense that day, the shipyard is expected to become "the largest facility of its kind in the United States" and will be constructed and operated by Anduril Industries, a US military industrial enterprise. The company will invest $3.7 billion in this effort, while the U.S. Navy will invest $2.9 billion.
Comments