Anduril, US Navy invest $6.6 billion to boost submarine parts production
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Defense tech firm Anduril said on Tuesday it will invest $3.7 billion to develop a new shipyard in Maryland to build critical components for the U.S. Navy’s Virginia-class submarines, as Washington seeks to bolster its maritime defense capabilities.Subsequently, the US Navy awarded Anduril a contract worth up to $2.9 billion to manufacture submarine components, with payments tied directly to production outcomes and the company assuming most of the execution risk, the defense startup said.The inv
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