President Donald Trump speaking at the 2026 Pennsylvania Defense and Innovation Summit at the U.S. Army War College in Carlisle, PA.
00:00 - As.
00:01 - We've all heard it
00:02 - became hot.
00:04 - Lee became very wealthy.
00:07 - Lee greenwood is fabulous and I want to thank
00:09 - him he's been with us from the beginning.
00:12 - Great guy great talent
00:14 - and Pennsylvania you are really rock in you are
00:18 - you got the big ones here
00:20 - and.
00:22 - Thanks I'm in a world where I'm shaking hands
00:27 - with all celebrity business people mostly
00:32 - but their
00:33 - biggest names in business and
00:36 - they're all spending money in our country but they're all spending money in
00:39 - Pennsylvania so I just want to say thank you
00:42 - but there's a
00:43 - hot
00:44 - place
00:45 - that we would say it's a hard commonwealth never call it a state you're in deep
00:49 - trouble I've seen people's political careers end over there.
00:53 - Just go to commonwealth a lotta people don't remember that
00:56 - but I just er
00:58 - and it gets great to see what's going on and to see the kind of
01:01 - genius that the ab surrounded by
01:04 - all of the people that I met backstage but is
01:06 - pure genius I want to thank.
01:09 - Senator David mccormack for organizing this extraordinary
01:12 - event and I came to another one with you about a year ago
01:16 - and that was a monster but it wasn't like this one this is
01:19 - even beyond
01:20 - it was an energy
01:22 - and it was very impressive but this is something.
01:25 - Crazy what's going on.
01:27 - Outstanding work on behalf of
01:29 - the incredible people of Pennsylvania
01:31 - he
01:32 - Followed me along the campaign trail and he had a tough race it was a tough race a
01:36 - lot of people wouldn't have had the courage
01:38 - to do it takes guts to run for office people.
01:40 - Don't know that only the people that never get there know it
01:44 - but the fact that
01:45 - you did what you did you did it once and you did it really well but.
01:49 - Things didn't work out and you did it a second time against actually a
01:53 - much tougher opponent
01:55 - and it wasn't even close so I just wanna I think he's a great guy
01:59 - great spectacular guy with a
02:01 - with a
02:01 - great helper.
02:03 - That we're here today to celebrate a colossal
02:08 - victory for this commonwealth and for the entire
02:13 - nation
02:14 - this afternoon we're announcing nearly ten billion
02:17 - dollars of new investments in our defense industrial base
02:20 - right here in the
02:22 - great commonwealth of the
02:23 - Pennsylvania and
02:24 - these investments will
02:26 - create more than four thousand jobs Pennsylvania workers will build the ships
02:30 - submarines trucks weapons and industries that will ensure
02:34 - america remains the strongest and most powerful nation
02:37 - in the history of the world we're doing better now than
02:40 - we've ever done we have.
02:42 - Nineteen point two
02:44 - trillion dollars
02:46 - we usually go
02:47 - million that we want billion now we're into the trillions but
02:50 - there's never been anything like it the country
02:52 - is as hot as it's ever been and we're doing.
02:56 - Really well
02:57 - with
02:58 - Iran the islamic
03:00 - republic of Iran is not happy right now.
03:03 - Should have been done forty seven years ago should have
03:05 - been done at least during the forty seven year period
03:09 - and it wasn't other presidents didn't do what was right they should have done it a
03:12 - long time ago would have been much easier
03:15 - and we are.
03:17 - They want to settle so badly they don't like what we're doing and they do want to
03:21 - settle we'll find out whether or not we settle with him we just finish it off
03:25 - but I want to thank secretary of war p tanks as he's been
03:28 - amazing
03:29 - great thank you very much greater ah he's been really amazing I used to do interviews
03:38 - only wanted to talk about his war.
03:41 - Sarah would you give a pardon to nineteen so
03:43 - Rogers why why well they killed a lot of people
03:46 - they were trained to kill and that's what they did and important a lot of people
03:52 - but they've all been well behaved right okay good
03:55 - otherwise it'll be a big story
03:57 - trump shouldn't have let him go
03:58 - but I'm blaming ewp okay.
04:02 - But he was very successful actually on TV I think he probably hated it because
04:07 - he can't love anything more than what he's doing
04:09 - right now and he's doing it incredibly well so
04:12 - great job at
04:13 - Brescia.
04:14 - Small business administrator Kelly loeffler Kelly.
04:18 - Though secretary of the army Dan Driscoll was really out there
04:27 - with that beautiful smile.
04:30 - That beautiful smile but he's actually a killer look at that beautiful
04:33 - nice face everything so happy is the killer will you believe it
04:38 - those are the
04:38 - those are the best guys actually.
04:41 - Commanding general of the army Trevor
04:44 - bread and gap.
04:45 - Driver thank you very much laughter and a couple
04:49 - of warriors in a different way but they are great.
04:54 - Scott Perry and John Joyce a congressman and
04:56 - they are fantastic and they've been my friends.
04:59 - For a long time
05:01 - or you have been my friends for a long time they're tough cookies and a
05:06 - they want what's right for the country.
05:08 - Thanks as well to your amazing staff the treasure Stacy
05:11 - garrity who is running for governor and I'm telling you
05:14 - this guy shapiro is totally overrated I watch him the other
05:17 - night doing a speech and he does not have what it takes
05:21 - maybe I'll win and he is expected to win
05:23 - but I hear things about
05:25 - Stacy and I'm hearing some poll numbers that are very good but.
05:28 - Shapiro is a
05:30 - hero doesn't have what it takes
05:32 - now people think that's a horrible statement to make but that's the way politics is.
05:37 - That's the way it is I tell the truth attorney.
05:41 - General David
05:42 - Sunday
05:43 - David thank you very much
05:45 - great job you're.
05:49 - Man a very probably the most important person in the room is.
05:53 - Senator mccormick's wife Dina
05:55 - I mean I know Dana didn't work for me for for yeah few worked for me I know are
06:02 - almost as well as David hopefully not quite as well
06:05 - but Dina has been
06:07 - she's been amazing and she has gotten a
06:09 - very nice position as the president of meta
06:12 - working with a very good guy so a lot of good
06:15 - people but one in particular so good luck and
06:18 - doing a fantastic job thank you who she was
06:20 - she was great she worked in the administration first German Jews fantastic.
06:25 - We also have a big name
06:28 - very big name a very brilliant name
06:31 - somebody's done
06:32 - I guess in the history I
06:34 - make enemies want to say this but I shouldn't because I think it's true.
06:38 - Jamie diamond is maybe the greatest banker in this country and
06:42 - many many decades.
06:45 - Ceo of
06:46 - jp Morgan.
06:48 - Hi.
06:51 - The president of general dynamics Danny deep and you know they make the greatest
06:56 - separate award they just have to make them faster Danny will you please make a vassar.
07:01 - That's true with all of the munitions people actually
07:04 - fast so we need a little more speed
07:06 - we have the best quality in the world but we need a little more speed.
07:10 - The president of hand-wash defense usa Michael
07:13 - colter
07:14 - thank you Michael.
07:16 - That president and total boss of
07:21 - boeing as Kelly
07:23 - ot berg was
07:24 - terrific guy I think he just gave me the
07:27 - award for
07:28 - being the salesman
07:30 - of a started by of the year
07:32 - as it does that the year.
07:34 - That he said what about the decade nope much more than that
07:37 - so it's a salesman in the history of boeing I have sold more boeing planes over one
07:42 - thousand and nobody comes close you know what I got for that nothing I get nothing.
07:47 - Now those in the private sector I'd say I want a piece of the company for that rare
07:51 - but Kelly you've done a great job you bring it
07:54 - really back in Europe to forty four planes now now at forty four
07:57 - that producing the planes
07:59 - at a very rapid
08:00 - rate and
08:01 - Kelly is
08:02 - done a
08:03 - tremendous job.
08:04 - President of northrop
08:06 - grumman Kathy warden
08:08 - meta just.
08:10 - Showed us a plane that I like a lot
08:12 - president of lockheed Martin Jim take let
08:15 - Jim thank you very much thank you Jim
08:18 - good job you're doing president and ceo of
08:21 - black stone a friend of mine from the real estate wars he
08:24 - was a brilliant guy always at these guys always there first
08:27 - what's with him.
08:28 - John gray is a real roast a genius and other geniuses
08:32 - now real estate is even
08:34 - after participated but you've done it great job and
08:37 - say hello to you know who he's a tremendous guy who has been a big help
08:41 - he's been a Steve has been a big.
08:43 - Co chairman of t w g global
08:46 - Thomas tall
08:47 - thank you Thomas.
08:49 - Theo of divergent technologies Lucas zinger
08:55 - I just saw some of their technology is amazing as are some
08:59 - some of those things backstage you don't want to talk about their pretty amazing.
09:03 - Ceo of
09:05 - e qt Toby rice thank you.
09:09 - As president of
09:11 - north america's building trades unions is the most powerful man in the room.
09:16 - It's DNA for the women and is this guy for the men.
09:19 - Sean mcgarvey.
09:22 - Then the
09:25 - good guy too and the founder of
09:28 - valor equity partners
09:30 - Antonio gracious and days
09:33 - somebody's highly respected by
09:35 - everybody including my family my kids and
09:37 - also helped
09:39 - us tremendously work in the early stages of the administration with
09:43 - costs because we inherited a cost mess and he was fantastic and
09:48 - I want to thank him and elon to elon did a fantastic job
09:52 - this year we're celebrating the two hundred and
09:54 - fiftieth anniversary of American freedom and
09:57 - no state has been more central to protecting that freedom than the
10:01 - commonwealth of Pennsylvania.
10:03 - Pennsylvania is where america declared its independence where George Washington
10:07 - crossed the Delaware where the union was saved by the heroes of
10:11 - gettysburg what our war that was when you read about it
10:15 - and where Pennsylvania workers board the iron and steel that
10:18 - won two world wars and one lots of other things in
10:21 - addition.
10:23 - Are today a's announcement Pennsylvania will play a key role in
10:26 - building the arsenal of freedom to defend our nation.
10:29 - In the modern world we have
10:31 - things happening in this state I think really.
10:35 - People don't know what's happening in Pennsylvania people aren't really.
10:39 - Literally they're not able to even fathom what's going on and.
10:43 - I'm just saying back there I thought I was very well aware of it
10:47 - and then I'm meeting people very well known
10:48 - people and they're saying what they're doing here.
10:52 - We gotta get the word out a little bit because this is
10:54 - very much of a mirror oracle
10:56 - very much of a miracle highly respected people
10:59 - the talent and innovation in this room will keep
11:02 - america safe for many years to come
11:05 - they are very advanced the most advanced equipment
11:07 - anywhere in the world under the trump administration
11:11 - we've invested a record
11:12 - one trillion dollars in the united states military and
11:15 - next year I'm proud to say and Pete we have to get moving on this
11:19 - one point five trillion dollars were going up
11:21 - to what we need and it's all made in the usa so
11:24 - that.
11:25 - As
11:26 - Shown is not fully a cost a which costs we've got to take something but
11:30 - it's called jobs and when you think of it that way but
11:34 - one point five five I built the military in my
11:37 - first term and I used it in my second term and
11:40 - as you know a Venezuela was.
11:42 - That was actually forty eight minutes but let's call it one day
11:46 - and we've paid for the cost of that war fifty
11:49 - times over more than fifty times over already and
11:52 - they've been great the people from Venezuela the leadership has been fantastic ic
11:56 - and we're working with them and
11:58 - the big oil companies are moving in
12:00 - they've made more money for themselves in the last.
12:03 - Few months than they made in the history of the country
12:07 - and
12:08 - just properties is being properly run and
12:10 - they have oil they have so much oil you find a url
12:12 - therapy you just look down at the ground and you say oh
12:16 - as oil
12:16 - just drill it
12:18 - is a very few places that have
12:20 - anything like that but
12:22 - we have a great relationship with the leadership
12:24 - we worked with a very closely and we're
12:27 - bringing all the big American companies in and has been.
12:30 - Very much of a
12:31 - miracle millions and millions of barrels a day.
12:35 - The spirit of our armed forces is the highest it's ever
12:38 - been with every brand setting records for recruitment and
12:41 - I will tell you when during the campaign when I was running against.
12:45 - Kamilah
12:46 - she had no clue
12:48 - but Joe had no clue either that's why they got him out of there.
12:51 - I had to run against two people everyone
12:53 - else runs he goes one person you do well they
12:56 - Joe wasn't doing too well he was down like twenty eight points
12:59 - so they said let's replace him
13:01 - that's like replacing a fighter you're doing great against guys
13:04 - let's put somebody else and
13:06 - fortunately she was much better than he was.
13:10 - And somebody said she's leading in the polls as possible
13:13 - but if she is as fine
13:15 - you got to go out you gotta win
13:17 - but what's happened with the election this was an amazing election think of it
13:23 - we want every swing state
13:24 - we won the popular vote by
13:26 - a lot
13:27 - we won.
13:29 - Eighty.
13:30 - Two percent eighty seven percent
13:33 - of the counties in america that's a big when we won the electoral college.
13:38 - We want everything but all seven swing states the big things
13:41 - could anybody ever win all seven we won all
13:44 - seven swing states and we want them by a lot so it was a great
13:48 - way to cheat.
13:51 - When it came to
13:54 - joining the military
13:56 - we had
13:57 - vacancies empties we had a
13:59 - situation
14:01 - that actually it was remedied largely Pete I think on November fifth when we won
14:05 - was even before we took office it was remedied to a certain extent and
14:09 - when we took off and so
14:11 - now we have overflow crowds trying to get into the
14:13 - military and that includes our policemen or firemen.
14:17 - Anybody with a uniform on they were very ashamed of
14:19 - our country and now they're very proud of our country
14:22 - and were sending recruitment records
14:24 - like we've never had before in fact it's a great time if you want to expand
14:28 - the military a little bit it would don't be bad because we cannot get
14:31 - we have.
14:32 - Unbelievable talented in good shape
14:36 - in unbelievably good shape you know we had something pass.
14:40 - In the united states supreme court
14:42 - it was called
14:43 - merit
14:44 - and nobody thought that was going to happen I didn't think it was going to happen
14:48 - actually we're in trying to get it
14:50 - and everything now in our country again is based
14:52 - on merit getting into colleges based on merit
14:55 - when you have somebody with
14:57 - great boards great marks all a pluses and aes
15:00 - and highest sport marks and then doesn't get it
15:03 - because somebody with far less capability gets in.
15:07 - It's nasty but it's you know our country is built on greatness and was based on
15:12 - success it was based on merit and now we have that and that includes the military and
15:17 - the people that we have in this military you can send most of dollywood
15:21 - and they could become
15:22 - like movie stars they are unbelievable and you saw that in Venezuela I saw
15:27 - I met them backstage
15:29 - and these
15:30 - people that are
15:31 - it's a whole
15:33 - it's a whole different ballgame so I just want to.
15:36 - Thank everybody the the that was
15:39 - a decision that was a tough decision to make and it took
15:42 - courage to make that decision nobody thought that was going to be made
15:46 - but they gave us back our beautiful merit system and now the the
15:50 - best people get into the best positions they get into the best
15:54 - schools they get into the military
15:56 - we actually have strong people going into the
15:58 - military now as opposed to people that aren't strong
16:01 - or that shouldn't be there
16:03 - and it's like I call it central casting
16:05 - Washington d c we're using the military in there and
16:09 - our
16:09 - crime rates down ninety two percent
16:12 - and it's gone from an unsafe city to one of the safest cities the capital
16:16 - one of the safest cities anywhere in the country restaurants are booming the
16:21 - restaurants were all closing people were afraid to go to a restaurant we took out
16:25 - over five thousand criminals we got them out of here we've got to
16:28 - send it back to their country many of them came through the
16:30 - biden opened borders which was insanity
16:33 - we got them out of this country and we.
16:36 - We did a real job in Washington d c and
16:38 - I will say Memphis is a similar kind of a thing a little
16:42 - bit we started a little bit later
16:44 - but they're down in crime seventy eight percent and
16:47 - new Orleans Louisiana the governor called me up Jeff Landry grey guy you call me and
16:51 - he said we have a problem we have the mardi gras coming up with this place is loaded
16:55 - up with crime and we sent in the national guard and others and.
17:00 - It was the safest
17:02 - that is on record the safest mardi gras.
17:06 - On record
17:06 - they've never had anything like it he call me to two
17:09 - days later he said I've never seen anything like it
17:11 - is a terrible expression he said nobody was killed well
17:14 - that doesn't sound so good to save frankly in one way but
17:17 - in another way many people would be killed
17:20 - during mardi gras
17:21 - consistently and now is the safest they've had
17:24 - he said in sixty seven years so
17:26 - it's pretty good
17:27 - but we're going out for the one point five trillion
17:29 - this year and I think we're going to be able to get it
17:32 - and we're going to get it because we have so much money coming into tariffs that made
17:36 - this country so rich and they've made this country
17:39 - so competitive
17:40 - in order to not pay tariffs
17:42 - people are coming out and they're leaving Mexico and they're leaving.
17:46 - In fact it was just announced that Toyota is leaving Mexico Toyota is going to build
17:50 - one of the largest plants in the world car plants in the world
17:53 - in Texas
17:55 - but many many
17:56 - companies a left
17:58 - said they went to Mexico Canada
18:00 - Japan Germany they went all over the place south Korea
18:04 - they are all pouring back the car plants the AI plants are all coming back if they
18:08 - don't have to pay taxes the chips
18:11 - we had this ridiculous
18:12 - act where you get billions of dollars to a company
18:14 - and they didn't even know what the hell to do with it
18:16 - you give them billions of dollars they say they're
18:18 - going to build nobody know what to do with it
18:21 - and of course the standards were so high if
18:23 - you weren't transgender as an example.
18:26 - You didn't qualify
18:28 - so
18:28 - They get the money then hired to look all over
18:31 - for trade change gender people to
18:33 - run the company large portions they couldn't find them.
18:37 - They weren't into the chip making business I guess re
18:40 - they had other things on their mind
18:42 - but this was the biden fools as idiots and almost destroyed our country
18:48 - but we're also
18:49 - reasserting the fundamental truth to be
18:51 - a strong nation you must be a manufacturing nations are manufacturing jobs
18:56 - when you see these plants start to open.
18:59 - So we're building now
19:01 - at a record
19:02 - that we've never even I don't think any country's ever approaches record again with
19:07 - nineteen point two trillion being invested
19:10 - and there's never been anything like
19:12 - you go back years and years and it's China had the record
19:15 - with three trillion dollars and we're at nineteen point two trillion as there's never
19:20 - been anything like it easy going to be starting to open in six or seven months.
19:24 - It's unfair because you know whoever the next president is going to be sitting up
19:28 - here suggests a water great job I did
19:30 - what a great job I did the greatest job Jamie he's going
19:34 - to be talking about what a brilliant president he is
19:37 - and I'll be home and I'll be saying
19:39 - something like.
19:41 - This.
19:42 - Cause we did the job
19:44 - we did the job and we're clearing every
19:46 - obstacle to building the defense industrial base
19:50 - and so many people are shaking hands back said it just came up and they said.
19:54 - We couldn't even function
19:56 - two years ago in this country we couldn't get anything built we couldn't get
19:59 - approvals we couldn't do anything
20:01 - and now we were
20:02 - we've never we cannot imagine
20:04 - the change they said
20:06 - five or six other people
20:08 - building
20:09 - defense oriented things
20:11 - they said we have no idea how this
20:13 - this has happened to this extent he said where
20:15 - we look forward to going to work we get our approvals fast.
20:19 - We came up with a concept like an AI and other things big
20:23 - rather than going to our old very old and fragile grid.
20:28 - We maintain it but it's old and
20:30 - not up to date it
20:31 - was let go by a lot of people that were
20:34 - in my position they shouldn't have done that but.
20:36 - I came up with the idea to let them build their own
20:39 - power plants so they believe their own power plant so.
20:42 - People would comply Lane about
20:44 - the grid but
20:45 - actually they're giving their excess electricity
20:48 - back into the grid as a phenomenal thing but
20:50 - they're coming up with power they're doing their
20:53 - own they're they're really becoming a utility
20:56 - they're becoming actually in addition to AI they're also
20:59 - becoming utility and they're building some of the greatest
21:02 - power plants
21:03 - anyway one has ever seen we don't want wind because it's
21:06 - terrible
21:07 - does it work these countries that go to when
21:09 - you go to when you lose your way you go out of business look at what's happening in the
21:13 - united kingdom wind all over the place
21:15 - as it
21:16 - doesn't work too expensive.
21:18 - Everything's made in China
21:20 - and remember you have to replace them after eight or nine years you know it's one
21:23 - several of them were there but you gotta replace them all
21:25 - the time because they were out the salt water kills them
21:28 - it's ridiculous and.
21:30 - We have
21:31 - the oil and gas we have the
21:33 - a number of people back there with the nuclear nuclear site has become safe
21:37 - and we gotta keep it safe but it's become safe but we have a
21:41 - tremendous
21:42 - new things happening ing and
21:44 - some of these power plants that are being used for AI and other things
21:48 - that they are building are so far advanced for what you used to when you look at con
21:53 - Edison you look at the old companies it's fine they get the job done but these are
21:58 - tremendous advancements that nobody would have ever
22:01 - come up with except for this group of
22:03 - c seriously brilliant people
22:05 - after decades of foreign countries ransack in Pennsylvania and all of our country
22:10 - they ransacked our country and stealing our jobs I imposed historic tariffs to
22:15 - protect the American copper aluminum steel
22:18 - and many many other projects like cars
22:21 - and
22:22 - because of that.
22:24 - They're all coming back this could have been done by a president
22:28 - if he knew you wouldn't have a Taiwan
22:30 - making
22:30 - one hundred percent of the chips.
22:32 - I think by the time I leave will be will have
22:35 - almost fifty percent of the chips being made
22:37 - in the united states worldwide
22:39 - they're moving here like you wouldn't believe it.
22:43 - Though with
22:47 - no investment
22:48 - I'm not giving people billions of dollars I'm not saying
22:52 - to some chip company his
22:54 - thirty billion dollars good luck in finding a site
22:57 - that's what this stupid chip set was
22:59 - hundreds of billions of dollars just wasted
23:02 - half of the people every way use the money I didn't give them ten cents I said.
23:06 - You're going to pay nothing for two for a year.
23:09 - After that you're going to pay ten percent after
23:11 - that you're going to pay twenty five percent
23:13 - gives you two and a half years to build your factory
23:16 - if you don't build it by that time you pay two hundred percent.
23:20 - Meaning you're sending ships in
23:22 - every two hundred per cent tariff.
23:24 - They are building like crazy
23:26 - and the biggest ship company in the world is building and
23:28 - they just announced that they are expanding by another
23:30 - two hundred billion in spending
23:32 - most of their money in Arizona a great place to invest
23:36 - but they're spending an extra two hundred billion
23:38 - dollars it's the biggest chip company in the world
23:41 - but we pass the largest tax cuts in American history we
23:44 - delivered one hundred percent ex pen sing that's a big one
23:47 - gets I think we had the greatest economy in the history of our country in my first term
23:52 - we then got hit with covert but even including covert we
23:54 - did a great job and covered we never got credit for it
23:57 - but every country was ripped apart by that disaster.
24:02 - We know where it came from it came from move on
24:05 - and I said that
24:07 - but we were all ripped apart in China got hit very very
24:09 - hard it was delayed they got hit very hard at the end
24:12 - but
24:14 - it was a terrible thing but we had the greatest economy in history and before covert
24:20 - nobody had ever seen anything like it but have huge just took those three years
24:24 - and
24:25 - look at what we're doing now we're going to blow him away I mean unless
24:28 - some horrible event happens which is always possible you
24:32 - always have to.
24:33 - At least think about the horrible events who
24:35 - would have thought that covert could have
24:37 - happened a thing like that could have happened but.
24:39 - We delivered one hundred percent ex pen sing and at ex pen sing
24:43 - I think we write it off in one year I have friends that
24:46 - bought things that frankly they didn't need I have a friend that never flew on a
24:49 - private plane in his life and he ended up going
24:51 - out buying a very expensive private plane.
24:53 - Because of ex pen sing one year
24:55 - and a lot of you you're building your plants more importantly than an example like
24:59 - that you are building your plant and equipment
25:01 - Jamie can expand his bank write off everything in the first year
25:06 - and you're doing a nice job your building is beautiful by the way
25:09 - great
25:10 - you can write that sucker off in one year can you believe it
25:13 - how that stands up there that still I want to
25:15 - know that steel contractor he did a good job
25:18 - great job actually
25:19 - but we deliberate one hundred percent and.
25:22 - I felt that was very important to do so and it goes for a ten year period.
25:26 - So it does judges I actually want to make it for one year.
25:29 - Because if we get everybody's going to come
25:31 - ten years is too long but we had a couple of
25:34 - senators that really wanted including a man named Lindsey Graham who we love
25:38 - and Lindsay we pay your respect because he was some
25:41 - special guy Lindsay David was
25:44 - a big proponent of ten years instead of one another
25:46 - words you could use this for ten years or is that a one
25:49 - as it but Lindsay ten years is too long it let them
25:52 - it let it gives them too much time he said oh no we have to do this I said oh go
25:56 - ahead Lindsay what the hell do you know about business Lindsay.
26:00 - Buddy was it was great we are going to miss him
26:03 - ray David we're going to miss that guy what what a
26:06 - way he was.
26:07 - This
26:13 - is a guy just thinking he's a guy that we
26:16 - some people you don't appreciate until they're not here right
26:19 - and you just
26:20 - all the quality that he
26:22 - got things done.
26:23 - He could even deal with democrats if I needed a democrat.
26:27 - I can go Lindsay and Lizzie would take em out in wining and dining
26:31 - say I got them for you right
26:33 - there aren't too many people could do that David and I
26:36 - know it very well
26:37 - but the ex pen sing was so important I think it's really what.
26:41 - Led to the tremendous success because we had it in the first year
26:44 - and in the first administration and I think that was what led to
26:48 - single
26:49 - the
26:49 - single most important thing I think in terms of investment was
26:53 - the one year ex pen sing I think
26:54 - people were building
26:56 - sometimes maybe they shouldn't have been but they
26:58 - were building at levels and then he caught up.
27:01 - We passed the largest regulation cuts in American history by far and
27:05 - we unleashed American energy including pencil
27:08 - Anya oil gas and clean beautiful coal were
27:11 - back in Nicole beziers we get we have so much
27:14 - so much
27:15 - technology and changes have been made in
27:17 - coal and in the trump administration you're not allowed to use the word go without
27:21 - preceding it by the words clean beautiful
27:24 - and
27:25 - Chris Wright who you know so well and
27:27 - Doug burgum they've done
27:29 - a fantastic team
27:31 - and
27:32 - they were making a speech
27:34 - and I said
27:35 - nobody can say call without preceding it with
27:37 - clean beautiful but this whole speech was on call
27:40 - and they kept saying clean beautiful coal clean beautiful cook
27:44 - and I said okay it's enough.
27:47 - But it is it's an look you know I hate to say but it's what
27:51 - China uses they're building now fifty eight massive
27:54 - coal plants and you know they're responsible for
27:58 - building the windmills that they said how many windmills are they building
28:01 - in terms of using on their land John I want to know.
28:05 - If you see any let us know
28:07 - they get coal plants all over the place but they build the windmills but they're the
28:11 - only one they have that I know of is one that they want
28:14 - to use they use it to they don't use in terms of energy
28:17 - they showed people look how beautiful this is
28:19 - as those poor suckers buy those windmills
28:22 - lose their ears
28:23 - but it's it's a terrible form of energy most expensive form of energy
28:28 - is intermittent does it work and in my opinion it kills the environment it kills
28:32 - kills the birds but it's visually
28:35 - it's terrible it's it's terrible it's a terrible thing and.
28:38 - I'm proud to say that we have approved almost none I think none
28:43 - but we are
28:44 - there everybody's under an order no one we don't
28:47 - the windmills wouldn't want them
28:49 - and let
28:50 - somebody else use them
28:51 - but everybody using them is in
28:53 - a very big trouble
28:55 - they're in
28:56 - energy trouble
28:57 - because they don't work
28:59 - and very expensive most expensive form of energy and they don't work
29:03 - and I've been saying it for four or five years and people still buy them
29:06 - maybe not quite like they used to but people still buy them it's crazy
29:10 - but we unleashed American energy including
29:13 - the Pennsylvania oil and the Pennsylvania oil is doing
29:16 - unbelievably well we saved the
29:18 - great American company us steel
29:21 - and I work with Selena zito I dunno saline is here Sally the hair she's so
29:26 - where's selina
29:27 - is there a swear is Sally and I love Selena
29:30 - whereas the queen of the rustbelt
29:32 - but you no longer the rustbelt you're really the money belt ave name
29:35 - Selena are you here.
29:38 - Come on up here solana where.
29:40 - She's the queen.
29:42 - She is the queen of the rust belt.
29:46 - Now she's the queen of them and be careful don't fall down the stairs like biden.
29:51 - Come on solana get down here grandpa or everybody I
29:54 - want to show you a woman that knows what she's doing.
29:58 - Though I had no idea she'd be here but anything having
30:04 - to do with Pennsylvania any of these great states
30:09 - she's around.
30:10 - So late I want to thank you you're really
30:12 - talented
30:13 - that's only because she writes so well about me.
30:15 - He wrote badly I'd say
30:17 - get her to I a at a
30:20 - Selena thank you honey very much we appreciate it really amazing.
30:25 - That she loved these years you love the people as you saw it going to hell
30:32 - and she knew more about it than anybody else and she also knew it had
30:36 - more potential because of the people that as you would write about it like
30:41 - nobody would believe and she's
30:43 - one of the top writers in the country and she I hate to say that she writes
30:46 - for the Washington post
30:48 - but she's one of as one of her many analysts I hate to mention that
30:52 - but
30:53 - but she's done a phenomenal job of explaining what's going on
30:57 - and she really just believed in the area but you believed in the people of the area
31:00 - they're incredible you're going to find all of you genius at building
31:04 - your plans
31:05 - you got the best people in the world work in here
31:07 - so just to finish up.
31:10 - We did
31:11 - more in terms of regulation cut
31:13 - cuts by
31:14 - five times six times and even in some cases depending on
31:17 - the way you look at it seven times in a year the president.
31:21 - We delivered no tax on tips
31:24 - no tax on overtime and no tax on
31:27 - social security
31:28 - and we're building a beautiful the military complex and a ballroom combination.
31:34 - At the white house and they were working on Saturday and Sunday partially Sunday
31:39 - and I went and visited a couple of hundred men that
31:42 - were working round the clock on Saturday night late
31:45 - very late eleven o'clock in the evening
31:46 - and I said.
31:48 - You're so lucky I'm president because
31:51 - there is no tax on overtime
31:53 - think of it
31:54 - there may get a lot of money and there's no tax on overdrive
31:56 - but there's no tax on tips no tax on social security
31:59 - and that's been good and
32:01 - the other thing we did which seems simple but never done before
32:05 - when you buy an automobile some people have to pay and
32:08 - they have to go and borrow money from a bank you're allowed to dig deduct
32:11 - the interest payment from your income taxes
32:14 - and that's a big deal but only if the car
32:17 - is made in america
32:19 - so
32:20 - I spend a great show at
32:21 - all of these things have added up
32:23 - to a level that we're just we're booming
32:25 - the country is booming and we'll have
32:28 - Iran defeated soon
32:29 - there'll be defeated very soon then I guess it'll be
32:35 - even better but you know even during this has been
32:40 - it's been amazing I mean
32:42 - to think
32:42 - so I call it a military operation but
32:45 - I call it whatever you want it's
32:47 - incredible and say
32:49 - it hasn't
32:50 - made a dent a lot of people the oil rig up to
32:51 - three hundred and fifty dollars a barrel and is
32:54 - today is at seventy nine dollars a
32:57 - couple of days ago
32:58 - it was at sixty eight
33:00 - it went up a little bit because I had to take
33:02 - tough action
33:03 - because they did not.
33:06 - Obey what they're supposed to obey I mean they just didn't do it
33:09 - so we took a little action but it'll lol when that
33:12 - settles down you'll be I think you're going to have.
33:14 - Fifty five dollar oil which is all great for what you're doing maybe less than that
33:19 - but this year alone we've added eighteen thousand new manufacturing jobs and that
33:23 - number could go up by ten and fifteen times.
33:26 - As these factories begin to open including
33:29 - remember Obama used to say
33:30 - you'll never have another manufacturing job in the united states can you imagine.
33:35 - That these are the best jobs these are the highest
33:37 - paying jobs are the best jobs used to say it all the time
33:40 - people would say that so
33:42 - bad you talk about it that way but he did a bad job
33:45 - and it was very bad on Iran because he basically
33:47 - gave them the money made what a horrible deal
33:50 - he went away from Israel then he went to
33:52 - Iran and this part of the reason that we're stuck with this
33:55 - whole situation
33:57 - but including more than three thousand new manufacturing
33:59 - jobs right here in the commonwealth and the number will
34:03 - go up many times that over the next couple of years in less than
34:06 - two years ago where a dead country I say it all the time
34:10 - king of Saudi Arabia told me I was with him two years ago he said.
34:14 - You know it's amazing
34:15 - just
34:16 - a little while ago you were dead
34:18 - you were dead country
34:20 - and now you're the hottest country anywhere
34:22 - in the world everywhere I just got back from
34:24 - NATO
34:25 - every leader said
34:27 - the same thing in the hottest country anywhere in the world and they treated me like
34:31 - they're not true getting me their training because of.
34:33 - The country where the hottest country anywhere in the world
34:37 - and a year ago two years ago we were dead were dead country
34:41 - is an embarrassment.
34:42 - So now with all of that being said just yesterday it was announced that
34:47 - inflation saw the largest monthly
34:49 - decline in six years can you image Jeanette six years so
34:54 - we inherited.
34:55 - He inherited the
34:59 - highest inflation in the history of our country
35:01 - and
35:03 - it was really amazing in a way inherited it and then.
35:06 - I had my first news conference a day after I took office
35:10 - and they said
35:11 - affordability
35:12 - affordability they go
35:14 - that's a fake word that they use they cause the affordability problem
35:18 - it's called
35:18 - high prices they came up with is where
35:20 - they are good at coming up with words
35:22 - but we came up with a good word to the democrats dumb
35:26 - you take the the b out most people don't know the dumb has to be okay
35:30 - but the
35:31 - u replaces
35:33 - the
35:34 - and you have a democrat and I g just don't understand because their policies are so
35:38 - dumb what they've done to this country and what they will do to the country if we
35:42 - don't win the midterms or win the election
35:44 - everything that I'm talking about you could just write it off
35:47 - because it'll revert back to open borders it'll
35:50 - revert back to ridiculous high interest rates
35:53 - and again we should have the lowest interest rate
35:55 - of any country anywhere in the world because we make them all saying but since I took
36:00 - office defense investments in Pennsylvania are up by nearly twenty five percent
36:05 - compared to crooked Joe biden and
36:07 - today we're adding
36:09 - ten billion I think the number is going to end
36:11 - up being about nineteen or twenty billion dollars
36:14 - and we'll be building two massive national security multi mission vessels
36:19 - at the beautiful and historic Philadelphia shipyard a metal all the
36:22 - guys doing this
36:23 - worth up to one point five billion dollars and it's a purchase of
36:27 - lots of vessels we're going to have a lot of vessels
36:30 - being made there
36:31 - were also thinking about doing some purchases
36:33 - outside of companies that come here and.
36:36 - Build after re teachers you know we used to make a ship a day
36:40 - and now we're a laggard in that department we do
36:42 - lots of great things but we're a laggard there
36:45 - and a lot of our shipyards were sold for
36:48 - real estate projects are in the water I bought one actually it was quite nicely
36:52 - located but I didn't know I'd be president if I
36:54 - knew I'd be president I wouldn't have done it etc
36:56 - have a shipyard right
36:58 - but it worked out okay you know they had the
37:00 - best locations a lot of those locations were so
37:03 - and we have to build our Navy beat red we gotta get going
37:06 - so we're going to probably look at some of these
37:08 - companies that are coming in
37:10 - from south Korea and other places and they're working with us on ships and.
37:15 - We're going to also build
37:16 - we're going also so buy
37:17 - some ships that are made outside of the area
37:21 - and we're going to have a lot of we need a lot of ships for our Navy
37:24 - a lot of ships despite the fact we have the greatest
37:27 - Navy in the world but our ships are getting older
37:29 - and we really got outta that business
37:31 - we built
37:32 - an aircraft carrier for nineteen billion dollars
37:35 - which is crazy the price is crazy it started off at.
37:39 - I came in one of the first things I want to see
37:41 - was the Ford aircraft carrier was way over budget
37:44 - and it had.
37:47 - It had things on it that
37:48 - you didn't need like.
37:50 - It had
37:51 - magnet.
37:53 - Magnets to lift up the elevators with
37:55 - ten and twelve planes on them.
37:57 - Make of it it had
37:59 - all sorts of
38:00 - modern day things that were all
38:03 - instead of using steam
38:05 - for the catapults they used electric
38:07 - let's have an electric catapult
38:10 - and so what I went through the ship because I came into office and
38:13 - his ship was way over budget
38:15 - built in Newport news unfortunately
38:17 - was way over budget it was going to cost
38:20 - three billion it was up to like
38:22 - eighteen nineteen it was terrible
38:25 - and I said I want to meet the catapult her
38:27 - and a man came over along with four of his assistance and I said what's better
38:32 - electric catapult or steam he's been there for
38:34 - twenty five years he said steam is better or
38:38 - we can fix it with a hammer and a blowtorch when
38:41 - the electric goes bad after send the mit to get geniuses over here.
38:45 - I said steam is berryessa or it's better
38:48 - so why did they do electric because you can have the catapult go like this
38:52 - but you can't put planes on it sir
38:54 - it takes you thirty nine seconds by the time the
38:56 - thirty nine seconds is up you have a full head of steam
39:00 - and I love breathing that steam sir that said cleanest air you've ever seen
39:04 - but it says to you're saying we spent billions
39:06 - of dollars has extra to build electric catapults
39:10 - instead of using
39:11 - and I said what else do you hear he said.
39:13 - The elevators are no good sir
39:15 - they lifted up by magnets so here's my deal.
39:19 - I said when caterpillar tractor and I watched I
39:22 - watched more tractors than any human being on earth
39:25 - rip earth
39:25 - rip rock right through rock
39:27 - it's all hydraulic
39:29 - so I said
39:30 - when caterpillar goes into the business of
39:33 - using
39:34 - magnets
39:35 - to lift up their
39:36 - little
39:37 - blades
39:38 - when they go in and when they go away from hydraulic.
39:41 - I'll tell you what I'm going to do something I'm going to start using magnets but we
39:45 - don't want to use them so we're not letting any
39:47 - Pete
39:47 - we're not letting any more ships rebuilt with
39:50 - the ridiculous snip
39:52 - billions of dollars more they spent on.
39:55 - Electric catapults
39:56 - and they're not good
39:58 - they're not nearly as good
40:00 - too complex
40:01 - and by the way we had to call the ship in twice
40:04 - because they catapulted work and I predicted that was Phil
40:07 - and the same thing with the the
40:09 - magnetic elevators we want them to be
40:12 - made hydraulic which you can it can be hit by
40:15 - lightning it can be hit by anything
40:17 - when a little water touches the magnets it doesn't work
40:19 - anymore you're writing you're in the Atlantic ocean
40:22 - with waves that are sixty feet high
40:25 - and the pacific ocean with waves that is seventy
40:29 - and
40:29 - they're talking about magnets it makes you want to get sick.
40:32 - I actually called in the architect of the ship
40:35 - and I said have you designed a ship before.
40:38 - Well I haven't
40:40 - spent a lot of time on that shirt no.
40:43 - Even even the cab you know the tower they have it in the back instead of in the
40:47 - middle is supposed to be in the middle we have more room I say why do you move a
40:50 - while we thought into is very good why did you do it
40:53 - and why is the ammunition
40:55 - under the
40:56 - where the admiral is the tower they have the tower
40:58 - and they have the ammunition under the tower.
41:02 - I say if I'm the enemy I know why where I'm aiming.
41:05 - These people and the thing goes like
41:06 - twenty billion dollars is ridiculous era so we're changing all of that right Peter
41:11 - you'll be fired so fast of Europe.
41:15 - No but a lot of this is common sense stuff really I
41:18 - hope I'm not
41:19 - boring anybody but
41:21 - it's all common sense this isn't exactly part of my speech but I got italia.
41:25 - I'm getting it all out now and all the anger I have
41:28 - when I hear about electric catapults that don't work.
41:32 - That's crazy but
41:37 - okay I hate to mention this name now because they are a little slower than we were
41:41 - but that's okay general dynamics will invest two point five billion dollars in
41:46 - roads industries to build Navy submarines if
41:49 - they make the greatest submarine in the world we are
41:52 - we we're ten years advanced over probably Russia is number two.
41:57 - We have to make them faster that's the only thing we need submarines
42:00 - but they make a great product in all the cases we make.
42:04 - If you look at the patriot missile.
42:07 - If you look at the tomahawk which is the offensive if you look at all of the things
42:11 - they're better we have to make them faster that's the only thing and
42:13 - then you gotta get them going a little bit right
42:16 - we have to make them fair mister and Pete and I have meetings with them every month
42:20 - and they're all building new plant and equipment boeing
42:23 - is building it I seek early a lot of them four of them
42:26 - and it's very important so
42:27 - this massive new investment by general dynamics is going to create right here
42:32 - fifteen hundred new jobs the munitions from
42:35 - day and Zimmermann in Philadelphia you will
42:37 - provide two point three billion dollars worth of
42:40 - operations maintenance and support
42:42 - to the hawthorne army
42:44 - depot
42:45 - and iOS in Pittsburgh have just agreed to
42:49 - a multimillion dollar partnership with the department of war
42:52 - to build oh we love that name better we won world war one
42:55 - we won world war two
42:57 - then we decided to go politically correct let's go at defense
43:01 - now it's war and I said to Peter said Peter you like
43:04 - that batteries that used to be department of war
43:07 - and then we got politically correct
43:09 - and.
43:10 - We go in
43:12 - knockout the middle east and go home
43:14 - everybody said why did we do that what are we get
43:17 - but we
43:17 - we had greatness and that's what we have again now we have greatness again.
43:22 - As an example then as well aware during what was the last time you heard that you had
43:26 - a war and you paid for it fifty times over
43:29 - we have wars or we lose money
43:31 - we have wars we
43:32 - blow up something and
43:33 - we leave and
43:34 - everybody said
43:36 - what was the purpose of that nobody can enter
43:37 - answer the question we don't do that anymore
43:40 - but he owes in Pittsburgh just agreed to a multi
43:43 - million dollar partnership with the department
43:45 - of war to build energy storage technology.
43:48 - In support of our golden dome missile defense year we're building a golden dome over
43:52 - our country and it's going to be a very effective one we had
43:56 - one hundred and eleven may missile shot
43:59 - few weeks ago
44:00 - by our lovely friends from
44:02 - Iran
44:03 - they were aimed at the Abraham Lincoln which
44:05 - is a beautiful aircraft carrier by the way
44:07 - the s s Abraham Lincoln
44:10 - one hundred and eleven a short period of time
44:13 - out of the one hundred and eleven missiles shot
44:16 - one hundred and eleven missiles were knocked into the sea
44:19 - easily thinking yeah fine I call the captain of the ship he wasn't even sweating all
44:29 - you got Jamie diamond would be sweating that you wouldn't like that
44:32 - we have a different kind of strength Jeremy right we don't have that
44:35 - particular ID
44:36 - one hundred and eleven missiles
44:38 - coming at you
44:40 - and he's drinking his coffee
44:42 - take it easy
44:43 - and one after
44:44 - we have the greatest
44:45 - people
44:46 - most importantly but we have the greatest equipment anywhere in the world there's
44:49 - nothing like it five years ago six years ago
44:52 - I would imagine you couldn't even think about a thing like that happening the jw of
44:57 - industries is is spanning it's wind
44:59 - burn
45:00 - facility
45:01 - and anticipating over five hundred million dollars
45:03 - in new contracts to build new vehicles weapons
45:07 - and components and they make great stuff
45:09 - voyager technologies will be investing hundreds of millions of dollars and
45:14 - turning Pittsburgh into an international robotics and space technology hub
45:19 - and the robotics is so important because
45:21 - again we have the most people working right now
45:24 - in the united states than ever before we need
45:26 - we need.
45:27 - Manpower and woman power
45:29 - the AI software company air
45:32 - will be spending four hundred and fifty million
45:34 - dollars to expand their Pittsburgh office and
45:37 - carnegie
45:38 - robotics
45:38 - Pittsburgh will have the chance to produce hundreds of millions of dollars worth of
45:43 - or autonomous
45:44 - technology for the united states army and it's vehicles.
45:48 - The fire point energy and
45:50 - tarleton will be investing at least one hundred and seventy
45:53 - million dollars in pilot program to convert coal waste
45:57 - into jet fuel.
45:59 - Electrical power and critical minerals and I hope you're going to do magnet somebody
46:02 - out there I hope you're all brilliant people magnets
46:05 - to make this okay I'll tell you how to make money
46:08 - do magnets
46:09 - you do a lot of great stuff to magnets.
46:12 - Because one thing we don't have but we're getting close but do magnet so so
46:16 - I hope by John gray is listening to me so he could
46:19 - give them a couple of bucks and
46:21 - go into the magnet business I guarantee is kind of busy this
46:24 - is one thing we don't for some reason.
46:27 - It's not complex not hard.
46:30 - We have the material for some reason they just don't.
46:33 - Little dude we need magnets so
46:35 - one of you companies out there go out and teach you how to make money just do it
46:40 - companies like
46:41 - avalon creators advanced cooling technologies
46:45 - sphere break defense jp Morgan chase and cue intel among many others will be
46:50 - expanding their investments all across
46:53 - the common the wealth of Pennsylvania
46:55 - in addition the defense subsidiary of
46:57 - the legendary Pennsylvania company mack trucks oh I met him
47:01 - the other day whereas mr mack truck where they allow you
47:04 - we were he was he was great making a beautiful thank you
47:08 - thank you very much.
47:09 - Making a beautiful truck
47:11 - he's trying to sell fifteen thousand of them
47:13 - to us fifteen I said how many are you looking
47:16 - to
47:17 - Serve fifteen thousand I've already said fifteen because it's a big beautiful drug
47:22 - I made a speech
47:23 - to three weeks ago
47:24 - and data sample of the truck right behind where I spoke.
47:28 - It made me look very small sort of like dukakis remember in the tech.
47:34 - I say get that truck the hell outta here
47:36 - I immediately
47:38 - I immediately thought of dukakis with the helmet and the
47:41 - massive helmet the massive tank and you
47:43 - you didn't even see him that was not good
47:45 - he went down twenty points after that.
47:48 - So I say get the hell they get that truck out but the truck was amazing actually but
47:52 - I said how many is it for fifteen thousand I thought he said fifteen so I said he's
47:56 - going to sell fifteen that's a lot of drugs
47:58 - should know actually fifteen thousand sir
48:01 - so but it's a beautiful truck and I think he's got a good shot at doing it
48:05 - and it'll be building to two hundred and twenty two
48:08 - million dollars worth of powerful new vehicles for
48:11 - our military already and a different truck
48:13 - and mack truck is doing really well and they've been great
48:17 - and because we're here in Pennsylvania where state trooper Michael
48:21 - ferro was killed just
48:23 - two weeks ago by an illegal alien operating a semi-truck on a
48:27 - commercial driver's license which he should never have had
48:30 - he should he was here illegally came in through biden.
48:33 - Today
48:34 - making one more important announcement my
48:36 - administration will soon take historic action
48:39 - to get an illegal alien truck drivers who are just
48:41 - killing a lot of people they can't read signs.
48:44 - Many of them are
48:46 - on drugs
48:47 - or alcohol
48:49 - and they shouldn't be driving these things and they're
48:51 - there they came in totally illegally a they.
48:55 - We don't want them
48:56 - but they are driving
48:58 - all over American roadways and
49:00 - we're going to replace them with a proud American veterans who are going to take our
49:04 - veterans who are going to make them
49:06 - we're going to teach them a lot about driving trucks and in many cases they know
49:09 - we're going to say any American who's driven every
49:12 - truck for our military will automatically to
49:14 - be eligible for a commercial driver's license
49:17 - so we're going to get them
49:19 - taking caffeine and the radical left
49:25 - is very much opposed to that but it doesn't matter what they want because we're the
49:28 - ones that are running and adjust to
49:30 - to finish I want to thank our great speaker of
49:33 - the house Mike Johnson who fantastic that man
49:37 - and the house
49:41 - budget chairman Jody arrington for
49:43 - launching an effort to get the save america act passed
49:47 - including
49:48 - voter I mean it's so
49:50 - so basic
49:51 - voter photo ID identification
49:54 - proof of citizenship and hopefully no corrupt
49:57 - melon ballots will have
49:59 - exceptions for the military while exceptions for
50:02 - disability for people that are
50:04 - not feeling well off or people that are on vacation or anything
50:08 - we will make it very easy
50:09 - but the mail-in ballots you see what happens in
50:12 - California the vote still isn't counted can you believe it
50:15 - which like what six weeks the vote still is encounter did
50:18 - but the kid really
50:20 - he was he was.
50:21 - He was Spencer Pratt I dunno Spencer Pratt he came to the white house and saw me
50:26 - but Spencer Pratt was
50:28 - an automatic lock and
50:30 - he didn't make it there was a little thing Dina they said when expenses are
50:34 - fully behind a woman that nobody ever heard of he's falling behind
50:38 - now is very key
50:39 - we're going to do that to Steve Hilton too and I had the u s attorney did a great job
50:44 - he started an investigation they said Steve Hilton is starting to fall badly behind
50:49 - and I said that doesn't mean falling behind that means
50:51 - shootings going on this is two weeks after the election.
50:54 - So I got the us attorney involved and.
50:57 - Like twenty minutes after they made that statement
51:00 - they said
51:00 - Steve I just made the right off.
51:03 - These crooked people.
51:05 - Use it crooked people
51:07 - all thing is terrible
51:08 - but along with our incredible farmers and funding for our troops so we're getting a
51:12 - tremendous amount of funding for our farmers and
51:15 - we take care of our troops we got them a great
51:18 - pay raise
51:19 - but I support those efforts that were cheering them on and
51:22 - the actions that we've announced today will create
51:24 - thousands of new Pennsylvania jobs and they'll
51:27 - make our entire nation stronger and more prosperous than ever before
51:31 - we have the strongest
51:33 - nation that we've ever had
51:35 - we have the most successful nation
51:37 - that we've ever had we've never had a thing happen
51:39 - so to many people the biggest people came a financial paper said
51:43 - sir
51:43 - I've been in business for thirty five years one gentleman.
51:47 - He looked like a young man but he said thirty five years so he blew it
51:50 - but he said I've been in business for thirty five years I've never seen anything like
51:54 - what's happening right now I think I'll bet Jamie would
51:56 - say that abidjan would say that there's never been a
51:59 - has never been a period of time like this I want to thank
52:02 - again senator mccormick once again yen for this.
52:05 - Incredible
52:06 - get together but really much more important for the outstanding
52:09 - work that he's doing as a senator he's an incredible
52:13 - person and Pennsylvania has never had a greater warrior the
52:16 - u s and then
52:18 - Dave mccormick and
52:19 - it's an honor to be with you all and.
52:22 - We're going to do things that nobody would believe if you go back
52:25 - to new years where we were a failing nation nobody would believe that we could be
52:29 - doing business and we could be all even safety
52:32 - the lowest
52:33 - murder number
52:34 - since nineteen hundred
52:36 - think of that
52:38 - the lowest number since nineteen hundred
52:40 - hundred and twenty five years ago.
52:43 - Nobody would believe we have the lowest crime numbers this spite the fact
52:47 - that millions and millions of people came into
52:49 - our country illegally and many of them were.
52:53 - They're gone now
52:54 - but many of them were
52:56 - from prisons
52:58 - they were drug addicts
53:00 - they were from mental institutions
53:02 - we have the lowest crime numbers we've had in decades and the lowest murder number in
53:06 - one hundred and twenty five years so
53:08 - it's really been amazing and.
53:10 - David I'll give it to you I'll turn it out but justice is done
53:13 - with so many people that I've.
53:15 - I respect so much I don't know all of you I know many of you through
53:19 - reputation through reading
53:21 - but you're an amazing group of people and you really are making our country great
53:25 - thank you very much thank you mr craft thank you sir
53:38 - we we are so honored to have you here I know you've got a special love for
53:41 - Pennsylvania and Pennsylvania has a special love for you
53:44 - and this is all about your vision of peace through strength
53:48 - and what's happening here at this summit is
53:50 - really all the the people we need in the room the
53:53 - the prime contractors the
53:55 - energy
53:56 - leaders the emergent technologies the the the leaders in labor the leaders in finance
54:01 - all the team that needs to be in place to implement your vision
54:05 - so if somebody with you what what I'd like to do is
54:07 - turn to the secretary of war
54:09 - let him make some remarks and then and then
54:12 - draw in some of the
54:13 - the business leaders we have here and
54:15 - I'll say the the one that little stories when
54:17 - I was on the campaign trail with the president
54:19 - one time I walked off the stage and he said
54:22 - you know what I like about you
54:23 - he said you don't talk too much he said
54:26 - you
54:27 - you don't go on and on there was somebody else there I won't say who it was
54:30 - going on and on it goes
54:31 - keep it short
54:32 - and as a wall keep it short thank you mister president.
54:35 - That
54:41 - senator that was good warning and a good reminder.
54:45 - Mr president it is true to say that there has never been
54:49 - a moment like this or a stage like this where innovators
54:53 - prime contractors
54:54 - private equity
54:56 - titans of industry
54:57 - labor leaders defense leaders have come together for
55:01 - this type of moment there's never been a moment
55:03 - like this with the aperture he has opened up
55:06 - inside the department of defense
55:08 - for defense and the second word
55:10 - innovation
55:11 - your demand of me
55:13 - as a business leader and a builder
55:15 - is that we move at the speed of business
55:17 - and competition
55:18 - in speed
55:19 - and scale and that's what these folks have funded and founded in their companies
55:25 - but our bureaucracy was built to keep most of you out
55:29 - and we've been waging a war of attrition against the Pentagon bureaucracy
55:34 - to open up the aperture and make sure competition
55:37 - in speed and innovation and commercial
55:39 - options
55:40 - are
55:41 - have a seat at the table
55:42 - not just great prime contractors who've been there for a long time
55:45 - but many of our great companies that make many of our best systems
55:48 - started to look a lot more like the government
55:50 - than they looked like business
55:52 - and so what the president does behind the resolute desk with prime contractors and
55:56 - you've been at those meetings and I've been at those meetings and
55:59 - and it's a reminder to all of us
56:01 - that our nation needs the best weapons not tomorrow but today
56:05 - and when need to we need these companies not just
56:07 - adding an extra shift to the factory
56:09 - but investing in another plant
56:11 - and another plant
56:12 - and another manufacturing line which is what's happening here in Pennsylvania
56:16 - in all around the country
56:17 - so when you talk about the arsenal of freedom
56:20 - this is only something that a builder in chief could unleash and you're doing it sir
56:24 - an American manual factoring in our industrial base across the country in energy
56:29 - but in defense specifically
56:31 - this is a generational investment
56:34 - in the future of our war fighting capabilities
56:36 - that our country has not seen since Ronald Reagan and this one is bigger
56:40 - because what Joe biden and previous administrations
56:43 - did to our military you you talk about a dead can.
56:46 - Or
56:46 - We had a dead department
56:48 - a department of defense
56:50 - that was doing things the old way sending the same money in the wrong direction
56:54 - a red tape
56:55 - and and and monopolizing certain certain platforms
56:59 - and you said we won't do it anymore and American war prior requires that we change
57:03 - how we do these things and we're going to hold the big guys accountable
57:06 - which is what you do behind the resolute desk with
57:08 - executive orders and no stock buybacks and no more delays
57:11 - and we demand that you build new plants
57:13 - and then we're also going to make sure the new runners the fast runners the young
57:16 - guys the companies the tech companies
57:19 - are best innovators
57:20 - have the ability to get into the defense department
57:23 - you shouldn't have to sue your way in
57:25 - to the department of war
57:26 - which is what companies in the past have had to do in order to compete
57:30 - I hope these companies can do a test the fact
57:32 - that because of president trump's leadership
57:34 - we have an entirely different
57:36 - department
57:37 - we.
57:38 - Of.
57:40 - Then it's important because we're in an entirely different
57:47 - moment not only do we have near peer adversaries with historic military buildups
57:52 - but we're at a step-change moment.
57:54 - AI frontier models autonomy quantum space hypersonic
57:58 - you name it if you're ahead now and you you get ahead of the game you're going to be
58:02 - way ahead if you fall behind now you fall even further
58:05 - behind the have nots and halves or that that gap
58:08 - is widening president trump seized the moment
58:11 - and is
58:12 - investing in it in our department but across government
58:15 - to make sure the twenty first century
58:17 - is an American century but he's demanding that we do it differently we do it enough
58:20 - fiscally responsible way we audit our department
58:23 - we ensure that the money that we ask for
58:25 - is well spent
58:27 - so we've got a different department
58:29 - a different moment and thank god we have
58:31 - a different president who rebuilt the military once
58:34 - he's doing it again
58:36 - and is willing to make a historic investment
58:38 - one point five trillion dollar investment
58:40 - in the war department
58:42 - to ensure that we out compete
58:44 - without question
58:45 - every other nation on
58:47 - planet earth so that things like Venezuela
58:50 - can continue to be done to reestablish deterrence around the world
58:53 - but that next midnight hammer that's required ten twenty years down the road is
58:57 - is because of the f forty seven
58:59 - and the beach twenty one one
59:01 - and the autonomy and the carriers
59:03 - that this president will build because of this historic investment the golden dome
59:07 - that protects our country the AI that allows us to target faster
59:10 - this investment is fundamentally will fundamentally change the battlefield
59:14 - keep the American people safe now
59:16 - and into the future and it would not happen
59:19 - with Donald trump mr president thank you very much.
59:22 - Thank you mr secretary thanks thanks for everything you're doing
59:29 - you know last year it was almost a year to the day mr president where you were in
59:33 - Pittsburgh for the energy and innovation summit the Dean and I hosted
59:36 - and one of the biggest announcements on that day was John gray
59:39 - from black stone a twenty five billion dollar announcement and so
59:42 - I thought we might start with a year later
59:45 - here's where we are and I think
59:46 - what you're hearing from the business leaders
59:47 - in this from the people in Pennsylvania is
59:49 - it the the
59:51 - amount of investment and the level of activity is on fire
59:54 - and John's a perfect example of that so giant
59:56 - 056 he could just give us a quick update sure.
01:00 - 02.456 It's great to be here in Pennsylvania
01:00 - 05.345 president trump I want to start by thanking you
01:00 - 08.146 for the deep commitment to supporting investment
01:00 - 12.046 in American innovation in infrastructure AI
01:00 - 13.496 and defense.
01:00 - 15.266 Center mccormick
01:00 - 17.506 I want to commend you once again and in a
01:00 - 21.406 for hosting a summit here in Pennsylvania focused on the vital
01:00 - 24.514 national imperatives we were together a year ago in
01:00 - 27.466 Pittsburgh we announced that twenty five billion dollars
01:00 - 31.336 in digital and energy infrastructure we said we'd do it over a decade
01:00 - 34.516 since then we've acquired multiple data center sites
01:00 - 37.426 we've made enormous progress in our joint venture
01:00 - 39.926 with local utility ppl
01:00 - 41.476 and we're proud to report
01:00 - 45.028 that we're on track to invest forty billion dollars
01:00 - 47.858 and do it in five years.
01:00 - 56.448 That fifty percent higher fifty percent less time not bad
01:00 - 59.078 and
01:00 - 01.415 these investments will create nearly twenty
01:01 - 04.468 thousand good paying construction and permanent jobs
01:01 - 06.928 deliver meaningful benefits to communities
01:01 - 12.218 and help ensure that america because stays at the forefront of the AI race.
01:01 - 14.793 This would not have happened without the conference
01:01 - 17.218 that you and the president hosted last year
01:01 - 19.221 we also got tremendous support from the
01:01 - 22.118 governor in terms of infrastructure development.
01:01 - 26.038 Everybody loves to complain that things are not working in the united states
01:01 - 27.578 while in Pennsylvania
01:01 - 30.063 they're working the way the f founders intended two hundred
01:01 - 32.908 and fifty years ago to congratulations to all of you.
01:01 - 35.308 I would also just say last year
01:01 - 39.718 we talked about building critical infrastructure to power the innovation economy
01:01 - 41.308 today we're talking about
01:01 - 42.868 applying that innovation
01:01 - 44.788 to our most important priority
01:01 - 47.038 protecting our national security
01:01 - 51.938 at black stone were incredible very proud to be all in on both of these objectives
01:01 - 57.148 technology is as the secretary noted fundamentally reshaping the national defense
01:01 - 00.538 it's going to require enormous amounts of private capital
01:02 - 02.908 not only to invest in the new innovation
01:02 - 05.398 but also to scale up production
01:02 - 07.528 and capacity constrained world
01:02 - 08.968 and black stone Israel
01:02 - 11.158 ready to help in a very big way
01:02 - 13.529 we've already invested twenty billion dollars
01:02 - 16.228 in defense and aerospace in the last five years
01:02 - 19.198 we expect the scale and pace of that investment
01:02 - 21.658 to increase meaningfully from here
01:02 - 25.678 we see national security as a compelling place to deploy capital
01:02 - 27.508 on behalf of our investors
01:02 - 30.898 that also supports a a core American interests
01:02 - 33.778 so thank you president trump center mccormick
01:02 - 35.638 it is an honor to be here today
01:02 - 37.028 thank you John
01:02 - 40.198 hello sir
01:02 - 42.718 you noted this book one of the
01:02 - 43.252 the
01:02 - 47.494 strongest voices in corporate america someone who has spoken out in very similar
01:02 - 50.344 terms as you have about peace through strength and about the need for america's
01:02 - 52.258 military and economy to be strong as
01:02 - 52.858 Jamie
01:02 - 55.039 and Jamie's really taken this on he's written
01:02 - 57.328 extensively about it and made this a priority
01:02 - 59.008 for jp Morgan in terms of
01:02 - 00.898 national defense and resilience
01:03 - 01.738 so Jamie I
01:03 - 03.718 wanted to just call on you and ask you to
01:03 - 05.248 describe why
01:03 - 07.168 you think this is a priority and
01:03 - 11.168 how the things we're doing here and the president's agenda is supporting it.
01:03 - 11.998 Thank you
01:03 - 13.448 mr president
01:03 - 15.578 or secretary or senator
01:03 - 17.008 there is nothing more important
01:03 - 18.188 for.
01:03 - 19.258 Our country
01:03 - 20.363 in fact I would
01:03 - 20.668 talk
01:03 - 23.368 or exaggeration save all free and Democratic world
01:03 - 25.048 that america maintain
01:03 - 26.798 the preeminent military
01:03 - 30.278 supported directly by the preeminent economy the world.
01:03 - 31.688 There's none too soon
01:03 - 32.858 we got behind
01:03 - 33.298 but
01:03 - 36.403 god knows this is now you guys have ignited
01:03 - 38.918 the American dream and you've ignited.
01:03 - 41.078 Security and resiliency
01:03 - 45.328 or reignited that arsenal of democracy that we have in this country
01:03 - 47.858 and is just critical
01:03 - 49.468 we there's a microcosmic field
01:03 - 51.414 obviously in Pennsylvania Philadelphia I was
01:03 - 53.368 at the Philadelphia Navy yard this morning
01:03 - 55.438 there's always a small piece where we're doing a
01:03 - 57.422 small piece of wood a lot of people here are doing
01:03 - 58.948 the Navy yard actually built
01:03 - 00.598 ships in the revolutionary war
01:04 - 02.068 ships in world war one
01:04 - 03.598 ships in world war two
01:04 - 05.948 it was closed down at one point
01:04 - 08.878 but the local government and the federal government reopened it up
01:04 - 11.558 you now have ships they're are going to be built there
01:04 - 14.728 by hand walked a Korean company and roads are industries
01:04 - 15.778 they're both in
01:04 - 17.248 for fiber jobs
01:04 - 19.078 people remember when they had those jobs
01:04 - 19.322 there
01:04 - 21.838 are another five thousand jobs the editors supported
01:04 - 24.158 large mall vendors contractors.
01:04 - 25.588 Etc
01:04 - 26.978 and we're also helping
01:04 - 30.238 very importantly to ignite that American dream party to get
01:04 - 30.838 the
01:04 - 32.548 key kids where they are older younger
01:04 - 34.288 wherever their backgrounds were trained
01:04 - 35.808 and there's a school they are
01:04 - 38.008 partially behind more impartial by the government
01:04 - 40.228 or to train welders these welders
01:04 - 42.388 get paid while they're in their apprenticeship
01:04 - 45.218 they get health care whether an apprenticeship when they graduate
01:04 - 47.062 I think after sixteen weeks or something like
01:04 - 49.138 that they make eighty thousand dollars a year
01:04 - 52.328 that is the American dream they're going to buy a house house.
01:04 - 54.328 Get married have a family etc
01:04 - 57.608 and this is one small effort that's one microcosm
01:04 - 00.397 we need to do this around the nation in fact to help some
01:05 - 02.728 of the other nations around the world friends and allies
01:05 - 04.618 do the best they can to rebuild
01:05 - 06.388 their militaries so my
01:05 - 09.094 are up I applaud everyone this room has helped with this effort
01:05 - 11.379 there's nothing more important to the role of safer for
01:05 - 11.938 children
01:05 - 13.418 mr president thank you
01:05 - 14.678 to.
01:05 - 18.718 Me.
01:05 - 19.978 You know.
01:05 - 22.558 I know you know Jim take it well from lockheed
01:05 - 25.404 a small fun fact so when lieutenant mccormack
01:05 - 28.138 get on the plane to deploy for the Gulf war
01:05 - 30.980 captain take that was the pilot of the plane
01:05 - 33.598 at a pope air force base in north Carolina
01:05 - 35.183 and so we've known each other I guess we got
01:05 - 37.078 to know each other over the last decade or so
01:05 - 41.608 but Jim and all the major primes have big operations in Pennsylvania
01:05 - 43.973 and Jim I think have an you have an announcement
01:05 - 45.838 even today that I was unaware of until
01:05 - 49.138 earlier today which is great news so please give us a quick update on
01:05 - 51.118 on what you're doing in pa definitely seller first
01:05 - 54.008 remember that thing he said to me about short.
01:05 - 57.761 First of all visser president thank you for inspiring
01:05 - 00.298 all of us to get together at an event like this
01:06 - 02.288 secretary headset
01:06 - 05.311 really appreciate your driving the acquisition
01:06 - 09.068 transformation that is very much needed as you just described
01:06 - 11.338 and sen this is an amazing gathering
01:06 - 13.228 for organizing it you Indiana
01:06 - 16.058 really we all owe your thing so appreciative.
01:06 - 24.218 Though I was born and raised on the north side of Pittsburgh my dad is a boiler baker
01:06 - 27.788 and if I could have welded a straight bead and passed his test.
01:06 - 31.978 Sean I'd probably be in boilermakers local one fifty four Pittsburgh right now
01:06 - 34.378 but it worked out that I'm here today with you
01:06 - 37.348 and people like my dad from Pennsylvania dania
01:06 - 39.883 the workers that we have in this state are why
01:06 - 42.938 we have five thousand employees here already
01:06 - 46.858 and what we're going to announce today is in our Archibald Pennsylvania plant
01:06 - 50.368 where we make missile components for air defense missile sir
01:06 - 52.296 we're going to add another seven hundred jobs
01:06 - 55.148 we're going to double the size of the plant
01:06 - 57.418 and invest sixty million dollar others
01:06 - 01.348 and at one hundred and sixty thousand square feet to that plant
01:07 - 07.394 doubling it's sapphire and that's on top of three
01:07 - 12.398 hundred million dollars we just completed investing
01:07 - 17.288 in our valley forge operation which does strategic missile reentry among other things
01:07 - 20.974 and you know mr president that we're going to invest upwards of nine billion dollars
01:07 - 24.238 in the next three years at twenty different sites
01:07 - 27.095 looking forward to showing you some of those plans when
01:07 - 30.178 you have time and we are going to continue to build
01:07 - 32.098 with you and with the secretary
01:07 - 34.918 the arsenal of democracy in Pennsylvania will be
01:07 - 38.018 ground zero for that effort.
01:07 - 39.518 Thanks cetera.
01:07 - 43.603 Thank you and just a real quickly I'll keep
01:07 - 44.708 going Danny
01:07 - 48.628 deep from general dynamics day Danny is the president and
01:07 - 50.998 I had a chance to tour that one five five
01:07 - 54.958 facility in Scranton and you've got assets across Pennsylvania another
01:07 - 56.498 huge employer.
01:07 - 58.785 Just give us a quick update on on what's going
01:07 - 01.078 on in Pennsylvania how you see the future
01:08 - 02.878 expanding based on what's
01:08 - 06.188 the president's policies at that have been put in place.
01:08 - 08.708 Thank you senator secretary
01:08 - 12.938 mr president thank you for your leadership here at home and abroad.
01:08 - 14.188 It is
01:08 - 19.198 inspiring so here in Pennsylvania when you talk about manufacturing muscle this is
01:08 - 21.958 this is really where we have a lot of muscle eleven hundred
01:08 - 24.268 suppliers eight facilities around the
01:08 - 25.838 great commonwealth.
01:08 - 32.288 Over the last number of years we've expanded artillery production by four x
01:08 - 33.748 and over the next
01:08 - 36.118 several years will see it continue to grow
01:08 - 40.768 you mentioned roads industries in that two point five billion dollar award
01:08 - 44.358 will give you a little bit on roads industries because it's great story this is a
01:08 - 46.898 multi generation company
01:08 - 48.028 with
01:08 - 49.868 family ownership
01:08 - 54.718 and they keep their promises and now they have ten years to look forward and
01:08 - 58.918 add resources that their workforce will increase by five x
01:08 - 59.878 and
01:09 - 02.305 they're expanding and we're doing that all over the
01:09 - 04.678 state with all of these eleven one hundred suppliers and
01:09 - 06.538 and thank you for your leadership
01:09 - 07.888 to do that and
01:09 - 09.128 we're committed
01:09 - 13.468 to deliver Virginia class and Columbia and that's what roads is going to work on and
01:09 - 15.848 we don't make aircraft carriers.
01:09 - 22.268 Thank you Danny.
01:09 - 24.808 You know
01:09 - 29.488 your administration has been very active the secretary the secretary of the Navy
01:09 - 31.198 your transportation secretary
01:09 - 32.498 in the Philadelphia shipyard
01:09 - 36.232 what is happening there is magical and we have Michael
01:09 - 38.638 coulter here is the ceo of that year's operation
01:09 - 42.367 but it is with Kurt with the han was oversight and
01:09 - 45.718 leadership we are bringing next generation shipbuilding
01:09 - 48.448 back to the united states and it's incredibly exciting
01:09 - 51.328 maybe just give us a quick update on that Michael thank you senator
01:09 - 53.098 or president trump
01:09 - 57.358 want to start by saying thank you to you and your administration for your leadership
01:09 - 59.848 on revitalizing the defense industrial base
01:10 - 03.728 and in revitalizing shipbuilding in the united states.
01:10 - 05.558 Mr secretary
01:10 - 09.724 is the I've been in aerospace and defense industry for decades this is the most
01:10 - 12.128 business friendly industry friendly.
01:10 - 17.779 Administration we have ever seen the access to the dialogue
01:10 - 21.538 between the Pentagon and all of my colleagues in industry
01:10 - 25.148 is like nothing we've ever seen we greatly appreciate it.
01:10 - 30.514 Because of that access the president's leadership and the demand signal mr president
01:10 - 32.648 that you have sent on defense budget.
01:10 - 34.588 We now have an environment
01:10 - 38.194 that center mccormick has been able to pull together here where we have defense
01:10 - 42.578 industry leaning forward we have private sector private capital leaning forward.
01:10 - 44.658 Mister president your leadership has led to all.
01:10 - 49.050 We're very grateful to for the opportunity to build the radar ships that you announced
01:10 - 49.800 today
01:10 - 52.960 they will be a central part of the.
01:10 - 56.120 Defending the homeland from the missile threats that you have also
01:10 - 57.700 made a priority
01:10 - 59.470 as you mentioned sir.
01:10 - 00.900 Our shipyard in Korea
01:11 - 01.530 puts out
01:11 - 02.880 about one ship over
01:11 - 07.480 a week we have a plan to bring that capability to Philadelphia
01:11 - 08.830 at.
01:11 - 13.056 You know this better than anybody mister president but ships win battles shipyards
01:11 - 17.890 when wars and we are going to recreate what has been great in Philadelphia
01:11 - 19.680 Philadelphia home to the nation
01:11 - 20.820 home to the Navy
01:11 - 24.010 home to naval shipbuilding with the first frigate.
01:11 - 26.566 It is going to be the home to make American shipbuilding
01:11 - 28.710 great again and we're very glad to be part of that sir
01:11 - 29.280 thank you
01:11 - 30.820 thank you.
01:11 - 32.615 Was that right.
01:11 - 34.170 One ship a year
01:11 - 38.410 two years ago and the goal is to get to twenty ships a year.
01:11 - 40.500 One ship a year to twenty ships a year
01:11 - 43.410 that's the path that's happening because of
01:11 - 45.630 the policies the emphasis on shipbuilding
01:11 - 48.780 we're still not where we need to be but a huge huge step forward
01:11 - 52.806 you know this whole summit also mr president we have that the defense primes here but
01:11 - 54.390 we have a lot of emergent technologies
01:11 - 57.390 there's one hundred and thirty boost up here Pennsylvania companies
01:11 - 00.420 AI drones is it's in incredible what we're seeing
01:12 - 03.280 and there's all sorts of capital
01:12 - 07.560 coming into these emergent technologies in the defense tech space
01:12 - 12.096 and we have at the table here two of the really most successful investors in defense
01:12 - 14.460 tax I'd like to ask them both to comment on that because
01:12 - 16.860 our future is the secretary said is not just
01:12 - 20.510 doubling down on the existing primes although they play an incredibly important role
01:12 - 23.670 it's bringing a new entrance and new technologies and disruptors
01:12 - 27.150 and that's what we need for the future so Antonio grassi us who you know well
01:12 - 29.520 has been extremely successful in this space
01:12 - 31.146 maybe you could give us a thought in
01:12 - 33.853 an Antonio and then I'll turn to Thomas toll.
01:12 - 37.640 Thank you Dave I appreciate relation thanking you for inviting me.
01:12 - 39.390 Mister president it's been an
01:12 - 40.440 extraordinary
01:12 - 43.410 working manufacturing defense tech edges at the mid-nineties
01:12 - 45.780 and there's never been environment this
01:12 - 46.470 you're right
01:12 - 48.430 sort of exit never.
01:12 - 50.760 We have five companies here today
01:12 - 51.510 of
01:12 - 52.170 Annual
01:12 - 53.560 saronic
01:12 - 54.700 hadrian
01:12 - 55.810 general matter
01:12 - 57.010 and.
01:12 - 58.140 We we are
01:12 - 59.290 literally.
01:13 - 01.330 Seeing an environment
01:13 - 02.880 and change it the d o w
01:13 - 04.750 is allowing these can be to accelerate
01:13 - 07.950 and unleashing American entrepreneurship in the defense area.
01:13 - 10.650 It's truly extraordinary and I want to thank you.
01:13 - 13.200 We needed it as a country for realization
01:13 - 14.850 we also need defend ourselves.
01:13 - 17.886 I think about my own children if they're fighting a war would they want to have
01:13 - 19.310 that's how we just have to invest in
01:13 - 21.400 and clearly want this technology
01:13 - 22.020 thank you
01:13 - 23.800 we're very grateful.
01:13 - 27.550 Thank you Antonio.
01:13 - 29.830 Thomas.
01:13 - 31.063 I
01:13 - 34.390 Live here in Pennsylvania and the.
01:13 - 36.900 The atmosphere that you've created
01:13 - 40.030 are under your leadership secretary head chef.
01:13 - 42.370 Senator mccormack
01:13 - 45.810 we have invested billions of dollars in defense tech
01:13 - 48.270 because we know that we need it
01:13 - 50.440 we know that we have to.
01:13 - 54.900 We we live in a dangerous world and we have to defend that we have to be leaders
01:13 - 58.770 we've invested in companies like gecko robotics here
01:13 - 00.940 in in Pittsburgh
01:14 - 02.850 and without the change
01:14 - 04.240 that you're
01:14 - 05.350 causing.
01:14 - 09.660 These things aren't possible so I just want to say thank you very much
01:14 - 13.600 and it's going to make a match massive difference for the next twenty years.
01:14 - 19.080 Hello mr president
01:14 - 23.706 one of the things that you talked about constantly on the campaign trail and then I I
01:14 - 26.690 tried to talk about as well and that you've been focused on like a laser is
01:14 - 27.730 jobs
01:14 - 31.020 and what's happening here in Pennsylvania is that
01:14 - 32.170 if you go to
01:14 - 34.290 talk to any manufacturer or any
01:14 - 35.460 any job site
01:14 - 36.900 they can get
01:14 - 39.383 the skilled workers they need because there's
01:14 - 41.820 so much new investment and activity going in so
01:14 - 43.030 we need to
01:14 - 44.940 take advantage of this moment and build
01:14 - 47.910 the workforce in Pennsylvania we have an incredibly skilled workforce
01:14 - 51.030 as I said earlier we have one hundred and ninety thousand people
01:14 - 54.270 that work in the defense industry we hope that number is going to double
01:14 - 56.100 over the next five or ten years
01:14 - 00.936 but one thing I think we can all agree on is the American dream is is going to be
01:15 - 04.350 pursued and captured by creating these great paying jobs
01:15 - 07.510 for the next generation of folks and
01:15 - 09.340 Sharma garvey who.
01:15 - 10.890 Has become a friend
01:15 - 14.550 I called him during the campaign and he didn't think you or I was going to win
01:15 - 17.564 and we better steak dinner and he ended up losing
01:15 - 21.310 on that steak dinner and has been a great ally.
01:15 - 22.590 In terms of
01:15 - 24.570 what we need to do for our workforce
01:15 - 26.700 to be successful so Sean maybe you could
01:15 - 31.270 say say a few few words what you're seeing and what what the workforce
01:15 - 32.670 of the future needs to look like.
01:15 - 37.547 Well thank you senator mr secretary mr president and the
01:15 - 41.650 president knows my business better than I know my business.
01:15 - 45.970 We've been in the workforce development business when it comes to construction
01:15 - 48.270 of skills for one hundred plus years
01:15 - 49.900 we have.
01:15 - 52.140 Sixteen hundred training centers across the united
01:15 - 54.270 states we spent three billion dollars of our own
01:15 - 56.184 money every year we don't need any money from
01:15 - 58.290 anybody in the audience anybody on the podium
01:15 - 00.700 the federal government we got our own.
01:16 - 04.626 We have twenty one thousand instructors we have three hundred thousand plus people in
01:16 - 06.780 our programs right now registered apprenticeship
01:16 - 09.220 and we can ramp that up to a million.
01:16 - 12.300 So we can meet the needs of this industry
01:16 - 15.017 and the other industries the tech industry
01:16 - 16.960 power generation industry
01:16 - 21.270 but what we need is deals and we need deal way way further up the pipeline
01:16 - 23.190 when other decisions are being made
01:16 - 24.400 our members
01:16 - 26.190 you know have historically been
01:16 - 29.310 just great patriots in this country whether it was world war one
01:16 - 33.520 world war two entering the CBS to build the airstrips
01:16 - 36.030 and the bases across last the world
01:16 - 38.953 the Manhattan project building oak Ridge Savannah river
01:16 - 41.680 you name it and still working in those facilities.
01:16 - 43.810 Today all the way up to
01:16 - 44.220 it
01:16 - 47.220 When we had to keep hospitals open build temporary morgue
01:16 - 49.626 it was the members of the building trades have stepped up
01:16 - 50.160 and did it
01:16 - 51.598 so we believe that
01:16 - 52.763 highly skilled
01:16 - 55.050 craft workers are national security issue
01:16 - 56.890 and we're prepared
01:16 - 59.580 to meet any needs necessary right here in Pennsylvania
01:16 - 02.490 for center mccormick or for anybody across the country and
01:17 - 06.790 we appreciate the opportunity to do so for our country mr president thank you.
01:17 - 09.120 Thank you Sean
01:17 - 10.630 thanks for the
01:17 - 11.940 thanks for the great support
01:17 - 14.170 for everything you've done on our on our workforce.
01:17 - 17.100 I miss present I think I might ask
01:17 - 18.540 this the secretary
01:17 - 21.390 dangerous go to to make a few remarks and maybe
01:17 - 24.910 close on that and I just want to say this.
01:17 - 26.970 This has been an extraordinary event in the army
01:17 - 30.240 and the army war college which are here the fourth president
01:17 - 34.000 in america's history to visit here since the revolutionary war.
01:17 - 34.579 The
01:17 - 35.950 Carlisle arsenal
01:17 - 37.320 the the army war college
01:17 - 39.930 and and the army has been extraordinary so
01:17 - 41.260 mr secretary
01:17 - 43.134 first of all thank you thank you to Jenna break
01:17 - 45.600 camp and everybody that made this possible but
01:17 - 49.900 maybe give you a give you a word in our our clothes and then turned to the president.
01:17 - 52.732 Mr president secretary of war except your leadership what
01:17 - 55.740 it's fundamentally done for the people in my life everyday
01:17 - 58.890 the American soldier is you have unleash them
01:17 - 01.170 to do what they joined the army to do
01:18 - 04.230 to be ready to fight and win our nation's wars and
01:18 - 07.260 we had gotten in their way for the last thirty and forty years
01:18 - 09.420 we had not let all of these entrepreneurs
01:18 - 11.700 come get in the mud with him and help them
01:18 - 13.920 change what they could use to fight
01:18 - 16.740 and it is because of you secretary and you mister president
01:18 - 21.996 that all of the regulatory nonsense has been knocked out of the way and I think if
01:18 - 23.820 you talk to any of the soldiers sir
01:18 - 27.906 on your way to the helicopter what they will tell you is the last eighteen months
01:18 - 30.000 have looked nothing like most of their careers
01:18 - 31.370 and that is because all of
01:18 - 33.840 you on this stage and everyone on the audience so
01:18 - 36.070 thank you so much for being here.
01:18 - 41.370 This present just to
01:18 - 41.910 let
01:18 - 44.039 let me close with the following remarks we we I think
01:18 - 46.500 we're in the middle of an enormous transformation
01:18 - 47.490 in america that's
01:18 - 48.640 being led.
01:18 - 51.880 As a result are taking places result of your leadership.
01:18 - 52.414 That
01:18 - 57.030 the industrial defense industrial base making sure our military is is rough ready
01:18 - 01.836 to take on these many challenges we see and evolves in a way that is able to ensure
01:19 - 04.340 that we are going to remain the greatest military in the world.
01:19 - 06.442 Under your leadership that's happening so
01:19 - 08.700 thank you thank you for that on a personal note
01:19 - 11.000 I want to thank you for coming depends on me I know
01:19 - 12.190 it's hard
01:19 - 12.840 with your
01:19 - 14.899 amazing schedule and you've done this twice you
01:19 - 17.580 did it last year did this year it is a catalyst
01:19 - 20.880 for action it's making huge things happen in Pennsylvania
01:19 - 24.330 Dean and I are so grateful that you're you're willing to do this
01:19 - 26.790 for Pennsylvania and for our country
01:19 - 28.500 and so thank you
01:19 - 32.110 we're we're eternally grateful and we really appreciate your leadership.
01:19 - 40.640 That was like the final word.
01:19 - 47.010 Well I just want to say thank you all very much this is an honor
01:19 - 49.170 that I won't forget and I I
01:19 - 51.750 appreciate your saying I've been here
01:19 - 52.530 twice
01:19 - 55.214 which is pretty much Max out once a year but
01:19 - 57.570 I'll be here again next year for you thank you
01:19 - 58.900 thank you very much
01:19 - 00.652 ladies and gentlemen the forty fifth at forty
01:20 - 03.670 seventh pres the united states thank you
01:20 - 12.080 and and.