Securing America's Defense Supply Chains and Ensuring Domestic Acquisition of Critical Materials
Executive orderRegulation tightenedSigned 07/20Federal Register 07/23Executive Order 14415Open the original
Summary
President Trump orders the Secretary of War to stop, from January 1, 2027, issuing waivers under 10 U.S.C. 4872 for acquiring covered materials, except where a contractor submits an accepted mitigation plan with a timeline for removing non-compliant materials from its supply chain.
By industry
- Defense1 trading day−0.5%p15 stocks5 trading days+6.5%p15 stocks20 trading days+14.5%p15 stocks
“not only the finished equipment deployed by our military, but also the critical materials and components”
Day by day after the announcement
| Day | Defense stocks | S&P 500 |
|---|---|---|
| 26/07/17 | 0.0% | 0.0% |
| 26/07/20 | −0.6% | −0.1% |
| 26/07/21 | −0.7% | +0.7% |
| 26/07/22 | +1.4% | +0.4% |
| 26/07/23 | +5.0% | −0.5% |
| 26/07/24 | +5.9% | −0.6% |
| 26/07/27 | +7.1% | −0.5% |
| 26/07/28 | +7.8% | −0.3% |
| 26/07/29 | +2.8% | −1.4% |
| 26/07/30 | +3.9% | −0.0% |
| 26/07/31 | +5.3% | +0.3% |
| 26/08/03 | +8.2% | +2.1% |
| 26/08/04 | +11.3% | +4.0% |
| 26/08/05 | +10.8% | +3.9% |
| 26/08/06 | +14.1% | +3.5% |
| 26/08/07 | +16.4% | +4.1% |
| 26/08/10 | +17.6% | +4.0% |
| 26/08/11 | +18.2% | +3.8% |
| 26/08/12 | +18.7% | +4.0% |
| 26/08/13 | +17.8% | +4.7% |
| 26/08/14 | +18.9% | +4.5% |
Korean stocks in these industries
- Hanwha Aerospace 012450
- Korea Aerospace Industries 047810
- LIG Defense & Aerospace 079550
- Hyundai Rotem 064350
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 saleBoeing
Full saleBoeing
BA
$15K–$50K
Joint
$15K–$50K
Reported 09/01
Traded 08/13
- Kevin Hern
Full saleBoeing
Full saleBoeing
BA
$1K–$15K
Joint
$1K–$15K
Reported 09/01
Traded 08/13
- Gilbert Cisneros
Full saleAeroVironment
Full saleAeroVironment
AVAV
$1K–$15K
Self
$1K–$15K
Reported 09/04
Traded 07/02
