Political speech, timestamped and in context

Donald Trump: “Onderill is investing $3.7 billion in a state of the art shipyard that will be known forever as Arsenal too.”

Featuring: Donald Trump, Republican | President of the United States | National

'This Is Going To Be A Big Component For Our Future Military': Trump Touts New Shipyard Investment

Published October 6, 2026

But it's not forgotten any longer. In a tremendous victory for our country and for the city of Baltimore, Onderill is investing $3.7 billion in a state of the art shipyard that will be known forever as Arsenal too. It's one of the most, one of the biggest and one of the most significant shipyards I think soon, very soon will be anywhere in the world, will be as significant as any. (01:13–01:22)

STATEMENT

Asserts that Onderill is investing $3.7 billion in a new shipyard called Arsenal.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

See the main statements from Donald Trump in this video

“Today we're officially launching the construction of the largest new shipyard in the United States since World War II.”
Asserts the launch of the largest new shipyard in the U.S. since WWII.00:00-00:07
“American taxpayers will receive a 40% stake in the new shipyard.”
Asserts that American taxpayers will have a 40% stake in the new shipyard.03:02-03:14
“We used to build... four [ships] a day.”
Asserts that the U.S. used to build up to four ships a day.08:26-08:26
“The US Navy is also contributing an additional $2.9 billion to support the shipyard.”
Asserts that the US Navy is contributing $2.9 billion to support the shipyard.01:55-02:03
“This massive project will create over 3,100 new jobs right here in Maryland and will support an additional 11,000 jobs across the nation.”
Asserts that the shipyard project will create over 3,100 jobs in Maryland and support 11,000 jobs nationwide.02:16-02:27
“Anduril's arsenal... will form part of the industrial backbone of the 21st century of the United States Navy.”
Asserts that Anduril's arsenal will be part of the U.S. Navy's industrial backbone in the 21st century.08:42-08:50