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Fact-check · Oct 6, 2026 · Donald Trump

“Anderrill is investing $3,700,000,000 in a state of the art ship”

MISLEADING
What the record shows
Anduril is investing $3.7 billion in Arsenal-2, a shipyard to manufacture components (torpedo tubes, assemblies) for Virginia-class submarines, not complete ships. Components will be sent to General Dynamics Electric Boat and Newport News Shipbuilding for final assembly.

The $3.7 billion figure is correct, but describing component manufacturing as 'investing in a state of the art ship' misrepresents what the facility will produce. It builds parts, not complete submarines.

Sources
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From: President Trump Delivers Remarks, Oct. 6, 2026

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