Two weeks after Anduril Industries announced plans for a $1 billion, 5-million-square-foot production facility near Rickenbacker airport, more development details have emerged. Why it matters: The autonomous weapons manufacturer will receive hundreds of millions of dollars in state incentives.

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.