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Anduril, US Navy Invest $6.6 Bln for Submarine Parts Production

Defense tech firm Anduril will invest $3.7 billion to develop a new shipyard in Maryland for critical components of the US Navy's Virginia-class submarines, as part of a larger $6.6 billion investment aimed at bolstering maritime defense capabilities.

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7 billion to develop a new shipyard in Maryland to build critical components for the US Navy's Virginia-class submarines, as Washington seeks to bolster its maritime defense capabilities. The company said the project is aimed at expanding production capacity for parts used in the submarine program.