Anduril wins $2.9 billion Navy contract for submarine shipyard

First reported by CNBC at · Updated · 5 sources

The Financial Times reports that Palmer Luckey’s defense technology company plans to invest $3.7 billion in a shipyard making parts for leading US Navy submarines. CNBC says the award came days after Luckey joined a Pentagon weapons group, as defense technology leaders gain influence in President Donald Trump’s push to rebuild military manufacturing.

  • Trump aims to reduce reliance on major prime contractors, according to the Financial Times.

Covered by 5 publishers within 4 hours of the first report.

Reporting5

CNBC Anduril lands $2.9 billion Navy submarine shipyard contract days after Luckey joins Pentagon weapons group
Quartz Anduril won a $2.9 billion Navy contract to build submarine parts in Maryland · Cris Tolomia
The Hill Anduril to invest $3.7B in new Baltimore shipyard to build Virginia-class submarine parts · Filip Timotija
Financial Times Anduril plans shipyard to manufacture parts for US Navy’s top submarines
Business Insider Anduril and the US Navy are planning a $6.6 billion shipyard to produce critical submarine parts · Chris Panella

Discussion

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