Rebuilding the United States Navy and America’s Shipbuilding Industrial Base
MemorandumInvestment or subsidyPublished 08/13Open the original
Summary
President Trump directs the Secretary of War to plan within 60 days the switch to steam and hydraulic systems on CVN-81 and applies the Finland model to up to three ship classes, under which foreign suppliers must build or acquire a U.S. shipyard and build all ships after the first two in the United States.
By industry
- Shipbuilding & MASGA1 trading day−1.5%p15 stocks5 trading days−1.4%p15 stocks20 trading days−8.1%p15 stocks
“increase domestic shipbuilding capacity using the Memorandum of Understanding of October 9, 2025, between the United States and Finland”
Day by day after the announcement
| Day | Shipbuilding & MASGA stocks | S&P 500 |
|---|---|---|
| 26/08/12 | 0.0% | 0.0% |
| 26/08/13 | −0.8% | +0.7% |
| 26/08/14 | +0.5% | +0.5% |
| 26/08/17 | −0.3% | 0.0% |
| 26/08/18 | −0.6% | −0.7% |
| 26/08/19 | −1.8% | −0.3% |
| 26/08/20 | −4.3% | −1.2% |
| 26/08/21 | −4.7% | −0.9% |
| 26/08/24 | −6.4% | −1.1% |
| 26/08/25 | −7.1% | −0.9% |
| 26/08/26 | −6.2% | −0.3% |
| 26/08/27 | −5.9% | −0.3% |
| 26/08/28 | −6.5% | −0.4% |
| 26/08/31 | −6.9% | −0.7% |
| 26/09/01 | −7.5% | −1.4% |
| 26/09/02 | −8.8% | −1.0% |
| 26/09/03 | −8.1% | −0.0% |
| 26/09/04 | −8.8% | −0.3% |
| 26/09/08 | −8.8% | −0.9% |
| 26/09/09 | −10.0% | −1.3% |
| 26/09/10 | −9.9% | −1.9% |
Korean stocks in these industries
- Hanwha Ocean 042660
- HD Hyundai Heavy Industries 329180
- HD Korea Shipbuilding & Offshore Engineering 009540
- Samsung Heavy Industries 010140
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Kevin Hern
Full saleLockheed Martin
Full saleLockheed Martin
LMT
$15K–$50K
Joint
$15K–$50K
Reported 09/25
Traded 09/02
- Kevin Hern
Partial saleLockheed Martin
Partial saleLockheed Martin
LMT
$15K–$50K
Joint
$15K–$50K
Reported 09/25
Traded 09/02
- April McClain Delaney
Full saleBWX Technologies
Full saleBWX Technologies
BWXT
$100K–$250K
Dependent child
$100K–$250K
Reported 09/09
Traded 08/25
- April McClain Delaney
BuyBWX Technologies
BuyBWX Technologies
BWXT
$15K–$50K
Dependent child
$15K–$50K
Reported 08/03
Traded 07/24
- April McClain Delaney
BuyBWX Technologies
BuyBWX Technologies
BWXT
$1K–$15K
Dependent child
$1K–$15K
Reported 09/09
Traded 08/03
- April McClain Delaney
BuyBWX Technologies
BuyBWX Technologies
BWXT
$1K–$15K
Dependent child
$1K–$15K
Reported 08/03
Traded 07/30
- April McClain Delaney
BuyBWX Technologies
BuyBWX Technologies
BWXT
$1K–$15K
Dependent child
$1K–$15K
Reported 08/03
Traded 07/27
