U.S. Navy grants Anduril $2.9B for submarines
The U.S. Navy announced that Anduril has been awarded a $2.9 billion contract to produce submarines, part of efforts to enhance submarine manufacturing capabilities and expand production in the United States. The plans include establishing a new facility for building Virginia-class submarine components, spanning up to two million square feet, which is expected to create around 3,100 jobs by 2030. This announcement coincides with the appointment of the company's co-founder, Palmer Luckey, to the Pentagon's Future Weapons teams, amid ongoing debates over the growing influence of defense technology. The U.S. Department of Defense confirmed that there are no conflicts of interest or regulatory risks regarding Luckey's involvement in the project.
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