From The Banner · Hayes Gardner,Adam Willis · · 1m 40s
Sparrows Point shipyard shifts from wind to submarine parts
Maryland shipyard moves from wind energy to submarine manufacturing after political shifts.
In brief
Maryland shipyard moves from wind energy to submarine manufacturing after political shifts. Sparrows Point shipyard will build nuclear submarine components for the U.S. Navy starting in 2030, replacing wind energy plans. Originally reported by The Banner.
Sparrows Point wind energy plans give way
Five years after Sparrows Point shipyard was identified as a wind energy cradle, the site will now build nuclear submarine components for the U.S. Navy.
Anduril to build $3.7 billion submarine facility
Anduril, a defense startup, will construct nuclear submarine parts starting in 2030, creating thousands of jobs at Tradepoint Atlantic.
Political shift reverses wind energy plans
Political winds turned against Maryland’s offshore wind industry, a state Democratic favorite but Republican President Trump’s target.
US Wind’s wind project stalled
US Wind, a Baltimore-based offshore wind developer, signed a lease for a steel plant at Sparrows Point in 2016 but failed to get off the ground.
Trump’s military focus
President Trump visited Sparrows Point, emphasizing shipbuilding and tapping Anduril, a company whose founder is a frequent Republican donor.
Anduril facility creates 3,100 jobs
Anduril’s 2 million-square-foot facility at Tradepoint Atlantic will create 3,100 permanent jobs once completed.
US Wind’s wind project at risk
US Wind CEO Jeffrey Grybowski said Trump’s opposition to offshore wind could bankrupt the company, but the submarine facility ensures job creation.
Navy contract for submarine parts
The Navy has entered a $2.9 billion contract with Anduril, which will spend $3.7 billion on the facility and receive $500 million in subsidies.
Submarine facility economic impact
Anduril’s site will pay $312 million in wages annually and is expected to have a larger economic impact than US Wind’s $400 million plant.
The short version
Sparrows Point shipyard will build nuclear submarine components for the U.S. Navy starting in 2030, replacing wind energy plans.
