WASHINGTON, Oct. 6 -- The U.S. Department of War issued the following news:

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Trump, Hegseth Announce New Maryland Shipyard

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President Donald J. Trump and Secretary of War Pete Hegseth today announced the development of a new shipyard, to be called "Arsenal-2," during a ceremony at the future site in Sparrows Point, Maryland.

The project will include a $6.6 billion investment from the Navy and Anduril Industries, whi . . .

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