Follow your favourite podcasts, listen offline and in the car with CarPlay and Android Auto, and always pick up where you left off. Free to try.
President Trump speaks in Baltimore to launch Arsenal II, Anduril's new $3.7 billion shipyard at Sparrows Point, the largest U.S. yard project since World War II. With Pete Hegseth and Naval Academy midshipmen looking on, he credits sailors on the USS Billings for Caribbean cartel work and for delivering aid and oil from Venezuela, and he congratulates Anduril founder Palmer Luckey and the Navy team behind the build.
He says American taxpayers will hold a 40% stake in the yard, the Navy is putting in another $2.9 billion, and Sparrows Point will make Virginia-class and autonomous submarines, creating more than 3,100 Maryland jobs. On the economy he cites 81 stock-market highs and a roughly $45,000 rise in the average 401(k), credits tariffs (his "fifth favorite word," after God, family, wife and children) for bringing chip and drug plants home, and points to a $21 trillion investment wave.
He also covers Iran's ruined military and blockade, the Gulf of America rename, Nicolas Maduro's capture in 148 minutes, a $1.5 trillion defense budget and a $1,776 Warrior dividend for service members, plus shipbuilding partners from Korea's Hanwha to a new Texas yard on the Gulf.
