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macroAug 13, 2026, 9:30 PM

Trump signs memo to address Navy shipbuilding and ship repair issues

The White House said President Trump signed a national security memorandum aimed at fixing long-term problems in Navy shipbuilding and ship repair, with the Pentagon told to invest more directly in the American shipbuilding industrial base.

The White House announced that President Trump has signed a National Security Presidential Memorandum focused on resolving critical long-term issues in Navy shipbuilding and ship repair programs.

The directive instructs the Pentagon to pursue more direct investments in the American shipbuilding industrial base, using the so-called Finland model as a reference.

Source: First Squawk