Restoring America's Maritime Dominance

Executive orderInvestment or subsidySigned 25/04/09Federal Register 25/04/15Executive Order 14269Open the original

Summary

President Trump orders a Maritime Action Plan within 210 days and directs the Secretary of Defense to assess, within 180 days, options such as Defense Production Act authorities and private capital to invest in the maritime industrial base, including commercial and defense shipbuilding, and to use Office of Strategic Capital loans for shipbuilding.

By industry

Shipbuilding & MASGA1 trading day−1.7%p15 stocks5 trading days+0.9%p15 stocks20 trading days+0.5%p15 stocks
“invest in and expand the Maritime Industrial Base including, but not limited to, investment and expansion of commercial and defense shipbuilding capabilities”

Day by day after the announcement

Shipbuilding & MASGA stocks and the S&P 500 after the announcement, cumulative %
Day	Shipbuilding & MASGA stocks	S&P 500
25/04/08	0.0%	0.0%
25/04/09	+8.4%	+10.1%
25/04/10	+5.7%	+5.5%
25/04/11	+8.7%	+7.6%
25/04/14	+9.2%	+8.2%
25/04/15	+8.8%	+7.9%
25/04/16	+8.5%	+5.9%
25/04/17	+9.1%	+6.5%
25/04/21	+6.5%	+3.6%
25/04/22	+6.3%	+8.2%
25/04/23	+7.6%	+8.3%
25/04/24	+10.1%	+10.7%
25/04/25	+10.9%	+11.1%
25/04/28	+11.3%	+10.9%
25/04/29	+12.2%	+11.5%
25/04/30	+12.0%	+12.6%
25/05/01	+13.8%	+12.4%
25/05/02	+15.9%	+14.3%
25/05/05	+15.1%	+13.6%
25/05/06	+13.7%	+13.6%
25/05/07	+13.6%	+13.1%

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.

Bradley D. TildenDirector
BuyMatson
Buy
Matson
MATX
$257.4K
2,273 sh
$257.4K
Filed 25/05/12
Traded 25/05/12
James A. Winnefeld Jr.Director
BuyRTX
Buy
RTX
RTX
$23.6K
200 sh
$23.6K
Filed 25/04/23
Traded 25/04/23
Bradley D. TildenDirector
BuyMatson
Buy
Matson
MATX
$43K
376 sh
$43K
Filed 25/05/12
Traded 25/05/12
Lynn M. BamfordChair and CEO
SellCurtiss Wright
Sell
Curtiss Wright
CW
$1M
3,131 sh
$1M
Filed 25/03/18
Traded 25/03/18
Amy L. JohnsonCorporate VP and Controller
SellRTX
Sell
RTX
RTX
$320.8K
2,515 sh
$320.8K
Filed 25/05/08
Traded 25/05/06
K. Christopher FarkasVice President and CFO
SellCurtiss Wright
Sell
Curtiss Wright
CW
$300.1K
922 sh
$300.1K
Filed 25/03/18
Traded 25/03/18
Amy L. JohnsonCorporate VP and Controller
SellRTX
Sell
RTX
RTX
$207.9K
1,631 sh
$207.9K
Filed 25/05/08
Traded 25/05/06
William Lynn IIICEO
Sell10b5-1 planLeonardo DRS
Sell10b5-1 plan
Leonardo DRS
DRS
$1.8M
45,000 sh
$1.8M
Filed 25/05/16
Traded 25/05/15
K. Christopher FarkasVice President and CFO
Sell10b5-1 planCurtiss Wright
Sell10b5-1 plan
Curtiss Wright
CW
$1.7M
4,780 sh
$1.7M
Filed 25/05/01
Traded 25/05/01
William Lynn IIICEO
Sell10b5-1 planLeonardo DRS
Sell10b5-1 plan
Leonardo DRS
DRS
$1.5M
45,000 sh
$1.5M
Filed 25/03/19
Traded 25/03/18
Michael DippoldEVP and CFO
Sell10b5-1 planLeonardo DRS
Sell10b5-1 plan
Leonardo DRS
DRS
$870.4K
26,618 sh
$870.4K
Filed 25/03/19
Traded 25/03/18
Anastasi D. KellyDirector
SellHuntington Ingalls Industries
Sell
Huntington Ingalls Industries
HII
$455.9K
1,960 sh
$455.9K
Filed 25/05/07
Traded 25/05/06
Kevin RaymentVice President and COO
SellCurtiss Wright
Sell
Curtiss Wright
CW
$326.7K
1,003 sh
$326.7K
Filed 25/03/18
Traded 25/03/18
Edmond E. Hughes Jr.Ex VP & Chief HR Officer
SellHuntington Ingalls Industries
Sell
Huntington Ingalls Industries
HII
$301.5K
1,300 sh
$301.5K
Filed 25/05/08
Traded 25/05/07
Paul J. FerdenziOther
SellCurtiss Wright
Sell
Curtiss Wright
CW
$214.3K
658 sh
$214.3K
Filed 25/03/18
Traded 25/03/18
Laura L. RasconSVP
SellMatson
Sell
Matson
MATX
$200.9K
1,700 sh
$200.9K
Filed 25/05/13
Traded 25/05/13
Gregory R. DahlbergDirector
SellLeidos Holdings
Sell
Leidos Holdings
LDOS
$193.2K
1,250 sh
$193.2K
Filed 25/05/09
Traded 25/05/09
John C. WattsVice President Strat & Bus Dev
SellCurtiss Wright
Sell
Curtiss Wright
CW
$74.2K
228 sh
$74.2K
Filed 25/03/18
Traded 25/03/18
Mark DorfmanEVP, GC and Secretary
Sell10b5-1 planLeonardo DRS
Sell10b5-1 plan
Leonardo DRS
DRS
$654.9K
20,034 sh
$654.9K
Filed 25/03/19
Traded 25/03/18
Gary A. OgilbyVP & Corporate Controller
SellCurtiss Wright
Sell
Curtiss Wright
CW
$65.1K
200 sh
$65.1K
Filed 25/03/18
Traded 25/03/18