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Trump to address defense technology gathering as the Iran war has reduced US weapon stocks

Trump is set to tout nearly $10 billion in promised defense-tech investments as U.S. missile stocks remain strained after strikes on Iran.

  • President Donald Trump addressed the Pennsylvania Defense and Innovation Summit at the U.S. Army War College near Carlisle on Wednesday, touting nearly $10 billion in promised defense technology investments during a roundtable organized by Republican Sen. David McCormick.
  • The summit comes as fighting continues in the Middle East after the U.S. resumed its blockade of the Strait of Hormuz on Tuesday in retaliation for Iran striking ships, reducing American supplies of Tomahawk cruise missiles and Patriot and THAAD interceptors.
  • Defense Secretary Pete Hegseth, CIA Director John Ratcliffe, Gen. Dan Caine and Army Secretary Dan Driscoll joined CEOs from JPMorgan, Lockheed Martin, Boeing and SpaceX; before Trump's remarks, ZeroEyes announced a $10 million artificial intelligence investment and Gecko Robotics unveiled a 10,000-square-foot manufacturing facility.
  • Trump told the roundtable, "We're really doing well with Iran," as the White House positioned the gathering to spotlight national security importance and identify investment opportunities; Gecko Robotics CEO Jake Loosararian said companies must "supercharge supply chains to reduce how long it takes for new technology to be ready for widespread production."
  • Trump's address to the nation Thursday follows Wednesday's summit as Republicans prepare for November midterms amid war concerns and approval rating challenges; his $1.5 trillion defense budget proposal for 2027 remains stalled in Congress, and Ukraine's newly pledged Patriot production license will take years to materialize.
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Trump drifts into campaign topics while addressing defense technology gathering

President Donald Trump has addressed a defense summit at the U.S. Army War College, but he focused more on political themes than battlefield issues. The summit, held Wednesday, included Defense Secretary Pete Hegseth and Republican Pennsylvania Sen. David McCormick. Trump…

·Cherokee County, United States
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CNN broke the news in Atlanta, United States on Tuesday, July 14, 2026.
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