#naval-modernization

#naval-modernization

President Donald Trump has announced a bold plan for the Navy to build a new, large warship that he is calling a "battleship" as part of a larger vision to create a "Golden Fleet." "They'll be the fastest, the biggest, and by far 100 times more powerful than any battleship ever built," Trump claimed during the announcement at his Mar-a-Lago resort in Florida. The ship, according to Trump, will be longer and larger than the World War II-era Iowa-class battleships and will be armed with hypersonic missiles, rail guns, and high-powered lasers - all technologies that are still being developed by the Navy.

The plan prioritizes naval fleet growth, missile systems, ground vehicles, and advanced electronics to maintain strategic edges. While the three largest U.S. defense contractors - Lockheed Martin ( ), RTX ( ), and Northrop Grumman ( ) - will secure large portions through flagship programs such as fighters and bombers, the spending surge creates broader gains. This could enhance revenues, support stock rallies, and provide predictable income streams amid economic uncertainties.