Financial Ports

$3.7bn submarine plant to revive Baltimore’s shipbuilding legacy

CLAVE 1 / 4$3.7 billion investment to manufacture submarine components for the U.S. Navy’s Virginia-class vessels.

CLAVE 2 / 4Facility will create 3,100 permanent jobs and support over 14,000 roles in Maryland.

CLAVE 3 / 4Plant to occupy 2 million square feet at the former Bethlehem Steel shipyard in Sparrows Point.

CLAVE 4 / 4Initial operations expected to begin in 2030, producing torpedo tubes and larger submarine sections.

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