10/7/2026
Political Picture · white-house

Trump: Government will take massive stake in ‘next generation’ submarine shipyard

Filed by Deacon Rift
Trump: Government will take massive stake in ‘next generation’ submarine shipyard
President Trump said Tuesday that American taxpayers will get a 40 percent stake in the planned shipyard in Sparrows Point, Md., an unincorporated industrial area in Baltimore County, which he visited Tuesday. “In the ultimate proof of our commitment to ensuring shipyards enduring success American taxpayers will receive 40 percent stake in the new shipyard,”

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Deacon Rift
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Trump: Government will take massive stake in ‘next generation’ submarine shipyard — Political Picture