# Trump announces $6.6 billion submarine shipyard in Maryland

https://mins.news/en/item/90717

- CGTN, 2026-10-07 09:51 UTC
- Economy
- Original: https://news.cgtn.com/news/2026-10-07/Trump-announces-6-6-billion-submarine-shipyard-in-Maryland-1R34p94Uvkc/p.html?UTM_Source=cgtn&UTM_Medium=rss&UTM_Campaign=World

> Donald Trump said the US will invest $6.6 billion in a new Sparrows Point, Maryland, shipyard to make submarines, components and unmanned underwater vehicles. Anduril Industries will build and operate it, investing $3.7 billion, while the US Navy will contribute $2.9 billion. The project is expected to create more than 3,100 Maryland jobs and support another 11,000 nationwide.

## Related coverage

- [Trump announces $3.7B investment to build nuclear submarine components](https://mins.news/en/video/88830) — The Associated Press, 2026-10-06
- [Trump announces construction of largest US shipyard since World War II](https://mins.news/en/item/88702) — TASS, 2026-10-06
- [Anduril wins $2.9bn submarine-parts deal after announcing $3.7bn shipyard](https://mins.news/en/item/88713) — Al Jazeera, 2026-10-06
