Trump, Warships and Announces Construction
Digest more
1don MSN
Hanwha Ocean shares jump 10% after Trump says South Korean firm to build warships for US Navy
Trump said that the frigates will be built at the Philadelphia shipyards, which Hanwha had invested $5 billion into.
The centerpiece of the Trump administration’s revamp of the U.S. Navy is the largest surface combatant America will build since World War II. The U.S. Navy will buy two new “battleships” as part of the “Golden Fleet” effort,
President Trump has announced the Navy will begin building a new fleet of warships. And, a federal judge has ruled the deportations of more than 100 Venezuelan men to El Salvador were illegal.
President Donald Trump is expected to make an announcement about shipbuilding alongside his Pentagon chief and Navy secretary on Monday, according to a person familiar with the plans.