The Ohio Tax Credit Authority greenlit a 2.59% refundable Job Creation Tax Credit on Monday for Anduril Industries, with terms that begin in 2026 and end in 2055.

The Ohio Tax Credit Authority Monday approved a 30-year, 2.594% Job Creation Tax Credit for Anduril Industries Inc., which plans to build a 500-acre manufacturing complex in northern Pickaway County that could grow to 5 million square feet over time. The estimated value of the tax credit over its term and if all goals are met is $452.2 million.

Ohio Governor Mike DeWine and Ohio Department of Development Director Lydia Mihalik announced the approval of significant state tax incentives

Anduril Industries announced Jan. 16 that it will build its first “hyperscale” manufacturing facility in central Ohio, a project that will span more than 5 million square feet at full scale and eventually create 4,000 direct jobs.

The defense contractor will build autonomous weapons systems at the Columbus-area plant when it opens next year.

Defense company Anduril Industries will invest nearly $1 billion in its new 5-million-square foot “hyperscale” military Ohio manufacturing plant, dubbed Arsenal-1.

The state approved a major tax break Monday for a California defense contractor that plans to build a weapons factory in Pickaway County.

Ohio’s largest single job creation project in state history could receive more than $450 million in tax breaks. The Ohio Tax Credit Authority approved a 2.594%, 30-year job creation tax credit for Anduril Industries,