General Dynamics Benefits from the Construction of the “Golden Fleet”
In his speeches about the "Golden Fleet," Trump regularly emphasizes that the USA is a global leader in submarines. General Dynamics is the main producer of the Virginia-class and the new Columbia-class nuclear-powered submarines.
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In December, Donald Trump announced that the USA will build new battleships. They are intended to be part of a golden fleet. The plans for the fleet construction are accompanied by Trump’s announcement to increase US defense spending to 1.5 trillion US dollars by 2027, which is a 50% increase. I see General Dynamics as a beneficiary. Beneath the glamorous name "golden fleet" lies a massive rearmament program for the US Navy, which was officially announced at the end of 2025. The goal is to regain dominance over China in the Pacific. Trump has...
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