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Anduril signs $2.9 billion submarine parts contract with US Navy

The Motley Fool +1 ·

GD General Dynamics Corp
$349.36 -0.41%
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HII HII -1.71%
  1. 1The US Navy awarded a $2.9 billion contract to Anduril.
  2. 2Anduril will invest $3.7 billion to build a 2 million square foot shipyard.
  3. 3Anduril holds a $61 billion enterprise value.

So what's the key point?

Anduril signed a $2.9 billion contract with the US Navy for submarine parts. The company secured this large contract and plans to build a factory for making ships.

Source The Motley Fool +1 · View original ↗

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