DisclosedFederal awardsGovernment contracts
Navy contract for Virginia-class submarine parts from Anduril's Maryland shipyard Copy link
The Navy awarded Anduril a contract worth up to $2.9 billion for Virginia-class submarine components and large assemblies, to be built at Arsenal-2, a shipyard Anduril plans at Sparrows Point, Maryland, and delivered to Electric Boat and Newport News Shipbuilding. Payments are tied to demonstrated production; the contract does not pay for the facility. The award number and contract type have not been published and it does not appear on USAspending, so no amount obligated is public; a senior administration official said funding is expected mainly from fiscal 2028 on.
Awarded to Anduril by U.S. Navy
Tie Luckey founded Anduril with Trae Stephens, its executive chairman. He gave $200,000 to the Trump 47 Committee, a Trump joint fundraising committee, in June 2024, FEC filings show, and Fortune put his donations to Trump's 2024 campaign at $400,000. Trump's team consulted Stephens on reshaping the military after the election, Bloomberg reported.
The announced $6.6 billion combines this Navy ceiling with Anduril's own $3.7 billion investment in the shipyard; only the Navy contract is federal money to Anduril and only it is listed. Maryland and Baltimore County committed incentives of up to 13% of Anduril's investment, subject to legislative approval; those are state funds and not counted. Trump said taxpayers would receive a 40% stake in the shipyard but did not say how, and Anduril's announcement does not mention government ownership. Trump thanked Luckey by name at the Oct. 6 event, calling him a “friend,” CNBC reported. On Sept. 30, 2026, days before this award was announced, Defense Secretary Pete Hegseth named Luckey, with Elon Musk and former House Speaker Newt Gingrich, to lead Project Meridian, a 120-day Pentagon study of the weapons and capabilities the U.S. may need in future wars. NPR reported that the Pentagon did not say whether they were hired as special government employees or contractors.
ResponseDepartment of Defense Pentagon Chief Technology Officer Emil Michael dismissed concerns about a conflict of interest from Luckey's Project Meridian role: “There's really nothing to see here.” CNBC
- RecordAnduril · Anduril, U.S. Navy Invest $6.6 Billion to Expand America's Submarine Industrial Base · 06 Oct 2026 · Archived
- ReportReuters (via gCaptain) · New Maryland Defense Shipyard Gets $6.6 Billion Commitment and Trump Visit · 06 Oct 2026 · Archived
- ReportCNBC · Anduril lands $2.9 billion Navy submarine shipyard contract days after Luckey joins Pentagon weapons group · 06 Oct 2026
- ReportWJLA (Sinclair) · Multibillion-dollar investment to expand submarine production in Sparrows Point · 06 Oct 2026 · Archived
- ReportJanes · Anduril Industries awarded USD2.9 billion US Navy contract for submarine work · 08 Oct 2026 · Archived
- ReportOPB (NPR) · Elon Musk and Palmer Luckey's new Pentagon roles raise ethics worries · 06 Oct 2026 · Archived
- ReportFortune · Palmer Luckey on Oculus, Anduril, Meta and Trump · 20 Nov 2024 · Archived
- ReportFortune (Bloomberg) · Anduril’s chair consulted with Trump on revamping US military · 16 Nov 2024 · Archived
- RecordFederal Election Commission · Trump 47 Committee (C00867937) receipt from Palmer Luckey, Anduril Industries · 28 Jun 2024
