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Trump Announces $3.7 Billion Investment in Submarine Components in Baltimore

President Donald Trump announced a $3.7 billion investment by Anduril to build components for nuclear-powered submarines at Sparrows Point, Maryland. The project is expected to create 3,100 direct jobs and several thousand indirect jobs. Governor Wes Moore did not attend the event, citing a blockage from speaking, while the White House accused him of boycotting.

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Anduril
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Donald Trump Wes Moore Chris Brose

BALTIMORE (AP) — President Donald Trump on Tuesday announced a $3.7 billion investment by the military technology company Anduril to build components for nuclear-powered submarines at a Baltimore-area shipyard. The announcement took place at Sparrows Point, Maryland, which previously housed a steel mill that closed in 2012. Trump stated that the work being done at the site is crucial for future military capabilities. He emphasized the historical significance of the workers in Baltimore, saying they have contributed to American industrial strength for over a century.

This event is part of a series of appearances by Trump aimed at showcasing investments in factories, amid rising gasoline prices and inflation affecting his approval ratings. The announcement comes less than a month before the midterm elections on November 3.

Democratic Governor Wes Moore did not attend the event, with his spokesman stating he was blocked from speaking. Moore, who is seeking reelection and is considered a potential presidential candidate in 2028, has expressed a willingness to work with anyone for the benefit of Marylanders but did not attend the event. White House spokesperson Anna Kelly stated that Moore was invited and accused him of boycotting the event to focus on himself.

Despite the absence, Moore praised the project in a statement, highlighting its potential to create a significant number of jobs in Maryland. The facility is expected to generate 3,100 direct jobs and support several thousand indirect jobs.

Guests at the event included service members and members of the Baltimore Ravens. Trump remarked on the players' earnings and expressed a preference for not boarding submarines himself. Chris Brose, Anduril's president, explained that the investment would cover the establishment of the facility, workforce development, and modern technology. The government plans to commit $2.9 billion to the project by purchasing products from the new factory. Trump stated that the deal would allow U.S. taxpayers to take a 40% stake in the shipyard, ensuring the site remains active. Brose noted that Anduril aims to leverage advancements in manufacturing and software to enhance production processes. The U.S. currently operates 26 Virginia-class nuclear-powered submarines and plans to add two more to its fleet in the spring.

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WATCH LIVE: Trump announces manufacturing site for submarine components in Baltimore

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Trump Announces $3.7 Billion Investment in Submarine Components in Baltimore