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President Donald Trump Speaking at Pennsylvania Defense and Innovation Summit, 07/15/2026

President Donald Trump speaking at the 2026 Pennsylvania Defense and Innovation Summit at the U.S. Army War College in Carlisle, PA.

Caption Text Below:    

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.


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