(16 Jul 2025)
RESTRICTION SUMMARY++
ASSOCIATED PRESS
Pascagoula, Mississippi – 15 July 2025
1. Various of shipyard
2. Workers walk at shipyard
3. Various of shipyard
ASSOCIATED PRESS
Washington D.C. – 16 July 2025
4. SOUNDBITE (English) Matthew Paxton, Shipbuilders Council of America president: ++PARTIALLY COVERED++
"The shipyard industrial base has had years of probably being underutilized, but the shipyards are still here. "What we’re looking at is hopefully, hopefully, a generational investment to really expand the industry."
ASSOCIATED PRESS
Pascagoula, Mississippi – 15 July 2025
6. Mississippi Gov. Tate Reeves speaks at podium
7. SOUNDBITE (English) Gov. Tate Reeves, (R) Mississippi:
++PARTIALLY COVERED++
"Yeah, $150 billion investment in our nation’s defense in the one big beautiful bill act that was signed by President Trump. There’s no doubt that there is alignment in Congress and in the white house that we are going to rebuild our Navy fleet."
8. Fairbanks Morse Defense sign
9. SOUNDBITE (English) Steve Pykett, Fairbanks Morse Defense CEO:
++PARTIALLY COVERED++
"There’s been a much needed shot in the arm in terms of the approval of the big beautiful bill: the funding that secures, the long-term ability to start planning further investments."
10. Fairbanks Morse Defense Bird-John Propeller Company sign
11. SOUNDBITE (English) Jim Kenny, vice president of Navy affairs for Fairbanks Morse Defense: ++PARTIALLY COVERED++
"It took us a lot of years to get to the state we are right now, and we have to do those things that accelerate us to get out. So, right investment, right time. The executive order policy changes are building a structure."
12. Various of shipyard
13. Various of shipyard
14. SOUNDBITE (English) Gov. Tate Reeves, (R) Mississippi:
++PARTIALLY COVERED++
"We build things here on the Mississippi Gulf Coast, and we’re going to be a major benefactor of that increased spending at the Department of Defense. But really the big winner is the protection of our country."
15. Various of shipyard
STORYLINE:
At an event commemorating Fairbanks Morse Defense’s acquisition of the Bird-Johnson propeller foundry, one of only two facilities capable of casting propellers for the Navy, industry leaders praised President Trump’s budget bill and the money it sets aside for shipbuilding.
"There’s been a much needed shot in the arm in terms of the approval of the big beautiful bill: the funding that secures, the long-term ability to start planning further investments," said Fairbanks Morse Defense CEO Steve Pykett.
The budget includes $29 billion for Navy shipbuilding and the Maritime Industrial Base. The Shipbuilders Council of America called the provisions a "generational" investment that will help "right the ship" after years of labor shortages and inconsistent demand, among other challenges, weakened the industry.
"The shipyard industrial base has had years of probably being underutilized, but the shipyards are still here," said Matthew Paxton, the president of the Shipbuilders Council of America. "What we’re looking at is hopefully, hopefully, a generational investment to really expand the industry, and I think you’ll see our shipyards do just that."
Mississippi Governor Tate Reeves, who spoke at the event, touted the bill and what it means for Mississippi’s economy.
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