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

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Trump to address defense technology gathering as the Iran war has reduced US weapon stocks
Jamie DimonJim TaicletDan Driscoll

President Donald Trump is headlining a defense summit at the U.S. Army War College.

President Donald Trump speaks as he meets with Iraq's Prime Minister Ali al-Zaidi in the Oval Office of the White House, Tuesday, July 14, 2026, in Washington.

President Donald Trump waiting to greet Iraq's Prime Minister Ali al-Zaidi at the White House, Tuesday, July 14, 2026, in Washington. President Donald Trump speaks as he meets with Iraq's Prime Minister Ali al-Zaidi in the Oval Office of the White House, Tuesday, July 14, 2026, in Washington.

is headlining a defense summit at the U.S. Army War College on Wednesday, planning to tout major investments in battlefield technology at a time when the. It has also featured Defense Secretary Pete Hegseth; Gen. Dan Caine, chairman of the Joint Chiefs of Staff; Army Secretary Dan Driscoll; CIA Director John Ratcliffe; and Mike Waltz, U.S. ambassador to the United Nations.

Trump carried Pennsylvania in 2016 and 2024, and McCormick is not up for reelection this cycle, but Republicans are increasingly concerned about the war and The White House said the summit is bringing together key leaders in defense and some of the largest global investors to spotlight the importance of national security and identify investment opportunities. Summit attendees include JPMorgan’s Jamie Dimon, Blackstone President Jon Gray, Lockheed Martin CEO Jim Taiclet, General Dynamics CEO Phebe Novakovic, Boeing CEO Kelly Ortberg, SpaceX director Antonio Gracias, and Shyam Sankar, chief technology officer of analytics and artificial intelligence firm Palantir, McCormick's office said.in Pittsburgh that sought to make the city a hot spot for advancement in energy technology and robotics.

Then, the senator announced $90 billion in pledged investments in those sectors across Pennsylvania. This year's summit began on Tuesday. Before Trump's arrival, multi-analytics threat detection leader ZeroEyes, which is based in Conshohocken, outside Philadelphia, announced a planned $10 million investment in artificial intelligence and machine learning research and development.

Pittsburgh-based Gecko Robotics also says it plans to open a new 10,000-square-foot manufacturing facility designed to boost integration of robotics into defense manufacturing processes and better expand the nation's defense industrial base.released in May found that U.S. military contractors will need at least three years to replenish stockpiles of Tomahawks — used to strike targets deep inside enemy territory — as well as Patriots and THAAD interceptors, which defend against incoming missiles and drones.by force if necessary by 2027, which experts see as more aspirational than a hard deadline.

But Chinese President Xi Jinping warned during Trump's recent visit to Beijing that if Washington mishandles its relations with the self-governing island, the U.S. and Chinawhich could be a major development in its war with Russia — though turning the idea into real weapons is alsofor 2027. But a package authorizing such spending levels is stalled in Congress, and, even if it eventually moves forward, loads of additional time will still be required to expand production capabilities to accommodate such weapons systems.

Jake Loosararian, co-founder and CEO of Gecko Robotics, said U.S. defense companies have"got to supercharge supply chains” to reduce how long it takes for new technology to be ready for widespread production.

“President Trump uniquely understands the importance of pragmatic impact today,” Loosararian said. "He also understands big, beautiful things for tomorrow. ” Copyright 2026 The Associated Press. All rights reserved.

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Jamie Dimon Jim Taiclet Dan Driscoll Shyam Sankar Kelly Ortberg Pete Hegseth Dan Caine David Mccormick Jake Loosararian U.S. News Ryan Mackenzie Mike Waltz World News Politics Xi Jinping Technology Antonio Gracias Jon Gray John Ratcliffe Washington News Phebe Novakovic

 

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