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Trump Closes Summit as $10 B Deals Promise 4,000 Jobs

7/16/2026

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Story summary
  • President Donald Trump closed the Pennsylvania Defense and Innovation Summit at the Army War College, with Defense Secretary Pete Hegseth calling the gathering a generational investment in warfighting capabilities.
  • Senator David McCormick said the summit featured 30 defense deals worth $10 billion and could create 4,000 Pennsylvania jobs.
  • Lockheed Martin CEO Jim Taiclet announced a $60 million investment in a plant adding 700 jobs and doubling its size.