{"id":3552,"date":"2026-07-16T14:40:48","date_gmt":"2026-07-16T14:40:48","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=3552"},"modified":"2026-07-16T14:40:48","modified_gmt":"2026-07-16T14:40:48","slug":"trump-insists-iran-is-unhappy-right-now-while-venting-about-electric-catapults-that-dont-work-at-defense-tech-summit","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=3552","title":{"rendered":"Trump insists \u2018Iran is unhappy right now\u2019 while venting about \u2018electric catapults that don\u2019t work\u2019 at defense tech summit"},"content":{"rendered":"
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Seated at a roundtable with Defense Secretary Pete Hegseth and Republican Pennsylvania Sen.\u00a0David McCormick, Trump said the gathering would generate around $10 billion in pledged investments from domestic defense and technology companies, without providing details.<\/p>\n

Read more Wholesale inflation falls 0.3% in June, but Iran war clouds outlook<\/a><\/p>\n

\u201cThe talent and innovation in this room will keep America safe for many years to come,\u201d Trump said.<\/p>\n

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He spoke shortly after the U.S. military\u00a0launched another round of missile strikes\u00a0that Trump had previously promised against Iran as a ceasefire to end that war remains in tatters. Trump made brief references to the war and a January military operation\u00a0to oust\u00a0Venezuelan President\u00a0Nicol\u00e1s Maduro, saying, \u201cWe\u2019re really doing well with Iran.\u201d<\/p>\n

\u201cIran is unhappy right now,\u201d he said.<\/p>\n

But his lengthy speech spent more time drifting into themes Trump repeats during his political rallies, boasting about \u2014 and sometimes exaggerating \u2014 his administration\u2019s accomplishments. Trump also diverted into a broadside against the use of windmills in Britain, questioned having steam catapults on U.S. ships and pondered the Battle of Gettysburg.<\/p>\n

\u201cWhat a war that was, when you read about it,\u201d the president said of the Civil War.<\/p>\n

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Trump suggests he had stored up frustrations over catapults<\/h4>\n

Trump suggested that oil from Venezuela would eventually pay for what the U.S. spent toppling Maduro some 50 times over \u2014 though he also said private oil companies would profit more than the country. After a long aside about the use of magnets to improve catapults on vessels, Trump finally offered, \u201cI hope I\u2019m not boring anybody.\u201d<\/p>\n

\u201cI\u2019m getting it all out now,\u201d he added. \u201cAll the anger I have when I hear about electric catapults that don\u2019t work.\u201d<\/p>\n

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Later, Trump advised, \u201cI\u2019ll tell you how to make money: Do magnets.\u201d At another point Trump declared, \u201cI watch more tractors than any human being on earth.\u201d<\/p>\n

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The gathering in Carlisle, Pennsylvania, was organized by McCormick and also featured 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.<\/p>\n

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Summit attendees included JPMorgan CEO 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 artificial intelligence firm Palantir chief technology officer of analytics Shyam Sankar.<\/p>\n

\u201cI\u2019m in a world where I\u2019m shaking hands with celebrity business people, mostly,\u201d Trump said.<\/p>\n

Another presidential stop in Pennsylvania<\/h4>\n

Trump has come to the critical swing state seven times during his second term, including last month, when he\u00a0went to a Mack Trucks facility\u00a0in Macungie.<\/p>\n

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\u00a0the persistently high cost of living\u00a0as well as the president\u2019s\u00a0low approval ratings\u00a0as they look to maintain control of Congress during November\u2019s\u00a0midterm elections.<\/p>\n

Read more United Airlines\u2019 new \u2018Economy Plus\u2019 offering is an empty middle seat next to you<\/a><\/p>\n

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As he frequently does, however, Trump complained Wednesday that affordability and the rising cost of living that have increasingly worried voters were issues the Democrats have fomented for political purposes.<\/p>\n

\u201cThat\u2019s a fake word that they use, they caused the affordability problem,\u201d he said, before referencing one of his friends, whom he didn\u2019t name, having bought a private plane just for the tax benefits.<\/p>\n

Trump spoke at\u00a0a similar gathering organized by McCormick\u00a0last year 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.<\/p>\n

Before Trump\u2019s 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.<\/p>\n

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Pittsburgh-based Gecko Robotics says it plans to open a new 10,000-square-foot (930-square-meter) manufacturing facility designed to boost integration of robotics into defense manufacturing processes and better expand the nation\u2019s defense industrial base.<\/p>\n

Shortage of Tomahawks and Patriots may take years to make up<\/h4>\n

Unmentioned during Trump\u2019s appearance was an\u00a0analysis\u00a0released in May that found that U.S. military contractors will need at least three years to replenish stockpiles of\u00a0Tomahawks, which are used to strike targets deep inside enemy territory, as well as\u00a0Patriot\u00a0and\u00a0THAAD interceptors, which defend against incoming missiles and drones.<\/p>\n

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Stocks have dwindled as the U.S. has repeatedly fired strikes on Iran,\u00a0adding to concerns\u00a0that American forces would have limited firepower in any potential\u00a0future conflict with China.<\/p>\n

Trump also recently pledged to\u00a0give Ukraine a license\u00a0to produce\u00a0Patriot air-defense systems, which could be a major development in its war with Russia, though turning the idea into real weapons is also\u00a0likely to take years.<\/p>\n

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Trump has sought to correct the shortfall by seeking\u00a0a historic $1.5 trillion defense budget proposal\u00a0for 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.<\/p>\n

Jake Loosararian, co-founder and CEO of Gecko Robotics, said U.S. defense companies have \u201cgot to supercharge supply chains\u201d to reduce how long it takes for new technology to be ready for widespread production.<\/p>\n

\u201cPresident Trump uniquely understands the importance of pragmatic impact today,\u201d Loosararian said. \u201cHe also understands big, beautiful things for tomorrow.\u201d<\/p>\n

Read more Meta Oversight Board study: AI chatbots may be the most perfect propaganda machine ever invented<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

After a long aside about the use of magnets to improve catapults on vessels, Trump finally offered, \u201cI hope I’m not boring anybody.\u201d<\/p>\n","protected":false},"author":1,"featured_media":3551,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[79],"tags":[],"class_list":["post-3552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-white-house"],"yoast_head":"\nTrump insists \u2018Iran is unhappy right now\u2019 while venting about \u2018electric catapults that don\u2019t work\u2019 at defense tech summit - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=3552\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump insists \u2018Iran is unhappy right now\u2019 while venting about \u2018electric catapults that don\u2019t work\u2019 at defense tech summit - 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