YOUTUBE (Newsmax) - TRUMP: There's never been anything like this shipyard
President Donald Trump announces the launch of the largest shipyard at Sparrows Point in Baltimore, Maryland, and taxpayer ownership of 40% of the profits from it.
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President Donald Trump announces the launch of the largest shipyard at Sparrows Point in Baltimore, Maryland, and taxpayer ownership of 40% of the profits from it.
The president is expected to announce during the event that the defense contractor will invest $3.7 billion into a new shipyard in Baltimore to manufacture parts for Virginia-class submarines.
The Baltimore, Maryland area is now reportedly slated to gain a bunch of new shipbuilding jobs, or more properly, as Navy types may put it, boatbuilding jobs. On Tuesday, the Navy announced plans to partner with shipbuilder Anduril in a $6.6 billion investment in a new yard to build components for the new Virginia-class nuclear fast-attack boats.
President Trump will give remarks in Baltimore Tuesday to unveil a multibillion-dollar investment aimed at boosting U.S. submarine production. Defense technology company Anduril Industries plans to invest $3.7 billion in a new shipyard at Tradepoint Atlantic in Sparrows Point, while the Navy could spend up to another $2.9 billion purchasing production from the facility. The shipyard, dubbed Arsenal-2, will manufacture components and large-scale assemblies for the Pentagon’s Virginia-class attack submarines. The project is expected to create more than 3,000 permanent jobs. Trump will be joined by Defense Secretary Pete Hegseth and Acting Navy Secretary Hung Cao, along with others. Maryland Gov. Wes Moore (D), who championed the project,…
America's armory now has a few more arrows in the quiver. It's official: on Friday, the United States Navy commissioned its newest combat vessel, the Arleigh Burke-class guided missile destroyer USS Ted Stevens (DDG 128). The commissioning, as befitting, took place in the tiny Alaska harbor town of Whittier.
The Virginia-class fast-attack submarine is ready for deployment without a final post-shakedown cruise.
The Navy has been steadily retiring the Cold War-era Los Angeles-class submarines as newer Virginia-class submarines began to enter the service.
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The Navy has been phasing out Los Angeles-class subs in favor of Virginia-class submarines, which are quieter and can operate in shallower waters.
USS Idaho is the 26th Virginia-class submarine to be delivered. Another submarine in the class, the USS Massachusetts, was commissioned just a month earlier.
Adm. Daryl Caudle said the time and money could be put to better use accelerating the building of Virginia-class and Columbia-class submarines.