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President Trump Launches Construction of Sparrows Point Shipyard in Baltimore

October 6, 2026 · The White House · 0:02:12

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

President Trump said the event officially launched construction of the largest new shipyard in the United States since World War II, at Sparrows Point in Baltimore, according to his remarks in the White House video. He recounted the site’s history as he described it: workers there built one of the first frigates in the U.S. Navy, forged steel for the Empire State Building and the Golden Gate Bridge, and built the first Liberty ship of the Second World War, as he stated it.

The President said that when he came into office for his second term less than two years earlier, the site was, as he put it, abandoned and totally forgotten. He announced that Anduril is investing $3.7 billion in a state-of-the-art shipyard to be known as Arsenal 2, and said the yard will build the next generation of American submarines, including autonomous submarines, torpedo tubes and components for Virginia-class attack submarines, as he described the work. He also said the U.S. Navy is contributing an additional $2.9 billion to support the shipyard, with the possibility of $21 billion in future purchases, as he stated the figures.

Why it matters

The announcement ties the administration’s submarine and naval industrial-base agenda to a specific site, a named private investor and stated dollar figures, making it one of the clearest dated markers of the shipbuilding push this site chronicles.

Scoreboard watch

Flagged for the scoreboard editor: the figures stated by the President in this video — a $3.7 billion Anduril investment in the Arsenal 2 shipyard at Sparrows Point, an additional $2.9 billion Navy contribution, and a possible $21 billion in future purchases — as stated by him on October 6, 2026, for later checking against construction and contract milestones. No verdict is given here.

Sources: The White House, “The LARGEST new shipyard in the United States.”, Sparrows Point, Baltimore, 2026-10-06 (official upload, embedded above; published 2026-10-06). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.