Politics
White House says President Trump signed a national security presidential memorandum to fix critical long-term issues in navy shipbuilding and ship repair programs
StockNow breaking-news AI analysis
President Trump's August 2026 memorandum mandates replacing EMALS with steam systems on CVN 81 and adopts the 'Finland model' for direct shipbuilding investment to fix chronic naval program delays.
News detail
Trump memo directs Pentagon to pursue more direct investments in American shipbuilding industrial base based off of the Finland model. Directs Defence Secretary to replace advanced electromagnetic aircraft launch systems and advanced weapons elevators with traditional steam and hydraulic systems during construction of CVN 81.
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