✉news BusinessBusiness first seen 3 h ago, last 52 min ago, peak #16
Anduril and US Navy to invest billions in new submarine shipyard
Original: Palmer Luckey's Anduril and the US Navy are investing billions in a new shipyard to build parts for critical submarines
Anduril, the defense tech company founded by Palmer Luckey, and the US Navy are putting billions of dollars into a new shipyard that will build components for critical American submarines. The move aims to expand US submarine production capacity, which has struggled to keep pace with Navy demand, and marks a further push by Anduril into traditional defense manufacturing.
Why now: It signals a major new role for a tech-founded defense company in shoring up US submarine production at a time of naval competition with China.
Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 52 min ago.
Evidence
- Palmer Luckey's Anduril and the US Navy are investing billions in a new shipyard to build parts for critical submarines · Business Insider
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