01:33When I came into office for my second term, less than two years ago, this national treasure
01:41was abandoned and it was totally forgotten.
01:43But it's not forgotten any longer.
01:48In a tremendous victory for our country and for the city of Baltimore, Anderil is investing
01:54$3.7 billion in a state-of-the-art shipyard that will be known forever as Arsenal 2.
02:00It's one of the most — one of the biggest and one of the most significant shipyards.
02:06I think soon, very soon, will be — anywhere in the world will be as significant as any.
02:12That's what we're looking for.
02:13Right here in Sparrows Point, you'll build the next generation of American submarines,
02:18including autonomous subs, torpedo tubes, and critical components for our cutting-edge Virginia-class
02:26attack submarines, the greatest and quietest ever built.
02:29And thanks to record funding from my administration, the Republicans in Congress, the U.S. Navy is also
02:36contributing an additional $2.9 billion to support the shipyard with the possibility of ultimately,
02:45together with a lot of great patriots, $21 billion in future purchases.
02:51You