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Hanwha Philly Shipyard has been chosen to build a new missile-range instrumentation vessel for the U.S. Navy, supporting the Golden Dome effort. This project highlights American shipbuilding expertise and its contribution to national defense.
A recent executive order has been issued to increase the restrictions on U.S. defense contractors purchasing critical minerals and materials from prohibited foreign suppliers. This move aims to enhance the security of the defense supply chain, potentially benefiting American industry, workers, and national defense capabilities.
Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment to expand its semiconductor manufacturing operations in Phoenix, Arizona, adding three new fabrication plants, advanced packaging facilities, and a research center. This marks one of the largest foreign direct investments in U.S. history and aims to create tens of thousands of jobs.
The latest round of USDOT’s BUILD grants has allocated 77% of the funding to various road projects, including truck parking, bridge replacements, and highway improvements. This significant investment in transportation infrastructure is poised to benefit American industry and workers by enhancing the efficiency and safety of our transportation networks.
Houston-based startup Venus Aerospace closed a $91 million Series B funding round to advance its high-thrust rotating detonation rocket engine (RDRE) technology. With this new capital infusion, following a successful flight test in May 2026, the company is poised to make strides in aerospace innovation, potentially impacting American industry and technological advancement.
U.S. uranium production has dramatically increased between 2023 and 2025, rising from 50,000 pounds in 2023 to over 2 million pounds in 2025, marking a significant revival driven by market forces and federal policy support.
INKAS, the armored vehicle manufacturer, is set to more than double its North American production space by establishing two new U.S. facilities in Charlotte, North Carolina, and Fort Pierce, Florida. The expansion, expected to be operational by July 2026, will enhance the company’s ability to meet growing demand across defense, law enforcement, and commercial sectors.
Baker Hughes has signed a 13-year lifecycle services agreement with Nigeria LNG to provide support for turbomachinery at the Train 7 expansion project. This project will boost the Bonny Island facility’s LNG production capacity, showcasing the company’s ongoing commitment to global energy infrastructure.
As the Senate Agriculture Committee prepares to release a draft farm bill, focus is on year-round E15 approval, California’s Proposition 12, and providing economic support to crop growers. The potential passing of these measures could have a positive impact on American agriculture and rural communities.
As Congress works on the next transportation bill, the issue of grant certainty has emerged as a key concern for project sponsors. Major megaprojects have been impacted by funding disputes, raising questions about the reliability of awarded federal grants. This development underscores the importance of stable funding mechanisms for infrastructure projects that are crucial for American competitiveness and the skilled workforce.
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