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Trump reveals surprise American taxpayer stake in new $6.6B submarine deal

President Donald Trump announced a 40% taxpayer stake in Anduril's Arsenal-2 shipyard subsidiary, adding government ownership to the $6.6 billion deal.

Sources (1)· Oct 7, 2:49 PM

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Trump: Government will take massive stake in 'next generation' submarine shipyardPresident Trump said Tuesday that American taxpayers will get a 40 percent stake in the planned shipyard in Sparrows Point, Md., an unincorporated industrial area in Baltimore County, which he visited Tuesday. “In the ultimate proof of our commitment to ensuring shipyards enduring success American taxpayers will receive 40 percent stake in the new…