Rick Outzen January 28, 2026 1 Comment
In November, we broke the news that the City of Pensacola had submitted a request to Triumph Gulf Coast for $75 million to bring advanced maritime manufacturing to the Port of Pensacola.
Triumph’s economic analysis has been posted, and the project is estimated to bring $33.6 of additional household income for every Triumph dollar expended.
The proposal goes before the Triumph Gulf Coast Board of Directors today for approval.
Transformational Shipbuilding Initiative
The proposal, dubbed “Project Maeve,” would create approximately 2,000 high-wage jobs over five years—with average annual salaries exceeding $80,000, roughly 140% of Escambia County’s current average wage. The total project investment is estimated at $275 million.
A National Security Priority
The project directly supports objectives outlined in the President’s April 2025 Executive Order, “Restoring America’s Maritime Dominance,” which calls for rebuilding domestic maritime industries to support both national security and economic resilience…