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Pentagon Takes 40% Stake in Submarine Parts Factory
The Department of Defense has acquired a 40% ownership interest in Arsenal-2, a planned manufacturing facility in Baltimore County for Virginia-class nuclear attack submarine components. This facility, backed by $3.7 billion from Anduril and potentially $2.9 billion from the Navy, is intended to alleviate significant production delays by producing large structural assemblies and torpedo tubes. The agreement links government funding to successful production results and Navy approval of four sample components, rather than guaranteeing immediate orders.
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