Fact Sheet: President Donald J. Trump Restores America’s Maritime Dominance
Fact sheetInvestment or subsidyPublished 25/04/09Open the original
Summary
President Trump orders a Maritime Action Plan to revive U.S. maritime industries: the Secretary of Defense assesses Defense Production Act investment, USTR recommends responses to China's anticompetitive shipbuilding practices, and a Maritime Security Trust Fund and a shipbuilding financial incentives program are created.
By industry
- Shipbuilding & MASGA1 trading day−1.7%p15 stocks5 trading days+0.9%p15 stocks20 trading days+0.5%p15 stocks
“a shipbuilding financial incentives program to boost private investment in U.S. shipbuilding”
Day by day after the announcement
| 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.
- James A. Winnefeld Jr.
BuyRTX
BuyRTX
RTX
$23.6K
200 sh
$23.6K
Filed 25/04/23
Traded 25/04/23
- Lynn M. Bamford
SellCurtiss Wright
SellCurtiss Wright
CW
$1M
3,131 sh
$1M
Filed 25/03/18
Traded 25/03/18
- Marguerite Amy Gilliland
SellGeneral Dynamics
SellGeneral Dynamics
GD
$6.7M
24,740 sh
$6.7M
Filed 25/03/12
Traded 25/03/10
- Amy L. Johnson
SellRTX
SellRTX
RTX
$320.8K
2,515 sh
$320.8K
Filed 25/05/08
Traded 25/05/06
- K. Christopher Farkas
SellCurtiss Wright
SellCurtiss Wright
CW
$300.1K
922 sh
$300.1K
Filed 25/03/18
Traded 25/03/18
- Amy L. Johnson
SellRTX
SellRTX
RTX
$207.9K
1,631 sh
$207.9K
Filed 25/05/08
Traded 25/05/06
- K. Christopher Farkas
Sell10b5-1 planCurtiss Wright
Sell10b5-1 planCurtiss Wright
CW
$1.7M
4,780 sh
$1.7M
Filed 25/05/01
Traded 25/05/01
- William Lynn III
Sell10b5-1 planLeonardo DRS
Sell10b5-1 planLeonardo DRS
DRS
$1.5M
45,000 sh
$1.5M
Filed 25/03/19
Traded 25/03/18
- Michael Dippold
Sell10b5-1 planLeonardo DRS
Sell10b5-1 planLeonardo DRS
DRS
$870.4K
26,618 sh
$870.4K
Filed 25/03/19
Traded 25/03/18
- Marguerite Amy Gilliland
SellGeneral Dynamics
SellGeneral Dynamics
GD
$768.7K
2,822 sh
$768.7K
Filed 25/03/12
Traded 25/03/10
- Anastasi D. Kelly
SellHuntington Ingalls Industries
SellHuntington Ingalls Industries
HII
$455.9K
1,960 sh
$455.9K
Filed 25/05/07
Traded 25/05/06
- Kevin Rayment
SellCurtiss Wright
SellCurtiss Wright
CW
$326.7K
1,003 sh
$326.7K
Filed 25/03/18
Traded 25/03/18
- Edmond E. Hughes Jr.
SellHuntington Ingalls Industries
SellHuntington Ingalls Industries
HII
$301.5K
1,300 sh
$301.5K
Filed 25/05/08
Traded 25/05/07
- Paul J. Ferdenzi
SellCurtiss Wright
SellCurtiss Wright
CW
$214.3K
658 sh
$214.3K
Filed 25/03/18
Traded 25/03/18
- Gregory R. Dahlberg
SellLeidos Holdings
SellLeidos Holdings
LDOS
$193.2K
1,250 sh
$193.2K
Filed 25/05/09
Traded 25/05/09
- John Warren Sullivan
SellMatson
SellMatson
MATX
$193.3K
1,500 sh
$193.3K
Filed 25/03/17
Traded 25/03/14
- John C. Watts
SellCurtiss Wright
SellCurtiss Wright
CW
$74.2K
228 sh
$74.2K
Filed 25/03/18
Traded 25/03/18
- Jon Rambeau
Sell10b5-1 planL3HARRIS Technologies
Sell10b5-1 planL3HARRIS Technologies
LHX
$718.2K
3,178 sh
$718.2K
Filed 25/03/10
Traded 25/03/10
- Mark Dorfman
Sell10b5-1 planLeonardo DRS
Sell10b5-1 planLeonardo DRS
DRS
$654.9K
20,034 sh
$654.9K
Filed 25/03/19
Traded 25/03/18
- Gary A. Ogilby
SellCurtiss Wright
SellCurtiss Wright
CW
$65.1K
200 sh
$65.1K
Filed 25/03/18
Traded 25/03/18