Anduril wins Navy contract worth up to $2.9 billion for submarine components

CNBC reports Anduril won a U.S. Navy contract worth up to $2.9 billion to make Virginia-class submarine components. The company plans to invest $3.7 billion in a Baltimore County shipyard slated to begin operations in 2030. DefenseScoop reports the components would go to Electric Boat and Newport News Shipbuilding for final assembly. CNBC notes the award came days after Anduril CEO Palmer Luckey was named to a Pentagon future weapons task force.