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    Trump: Government will take massive stake in 'next generation' submarine shipyard

    The Hill
    October 6, 2026
    via The Hill

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    Trump: Government will take massive stake in 'next generation' submarine shipyard

    President Trump said Tuesday that American taxpayers will get a 40 percent stake in the planned shipyard in Sparrows Point, Md., an unincorporated industrial area in Baltimore County, which he visited Tuesday. “In the ultimate proof of our commitment to ensuring shipyards enduring success American t

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