EPISODE · May 30, 2026 · 8 MIN
How a 102-Year-Old Shipbuilder Survived War and Peacetime
from The Turnaround Podcast with Fexingo: Distressed Businesses, Restructuring, and Recovery · host Fexingo
Episode 21 of The Turnaround Podcast explores how one of America's oldest shipyards, founded in 1924, navigated the boom of World War II, the decades-long decline of U.S. shipbuilding, and the sudden surge from the Iran conflict. Hosts Lucas and Luna walk through the yard's near-collapse in the 1980s, its pivot to naval repair contracts, and how the recent $2.6 billion NASA ETF frenzy — linked to SpaceX IPO access — signals a broader appetite for defense and space investment that could reshape the industry. With the S&P 500 at 7,580 and the NASDAQ up 2.4% this week, the episode ties a century-old industrial story to today's market dynamics, asking whether old-economy assets are finding new life. #Shipbuilding #Turnaround #DistressedBusinesses #Restructuring #Recovery #IndustrialRevival #DefenseContracting #SpaceX #NASAETF #IranConflict #SupplyChain #WarBoom #OldEconomy #BusinessPodcast #FexingoBusiness #Podcast #Manufacturing #Infrastructure Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
Episode 21 of The Turnaround Podcast explores how one of America's oldest shipyards, founded in 1924, navigated the boom of World War II, the decades-long decline of U.S. shipbuilding, and the sudden surge from the Iran conflict. Hosts Lucas and Luna walk through the yard's near-collapse in the 1980s, its pivot to naval repair contracts, and how the recent $2.6 billion NASA ETF frenzy — linked to SpaceX IPO access — signals a broader appetite for defense and space investment that could reshape the industry. With the S&P 500 at 7,580 and the NASDAQ up 2.4% this week, the episode ties a century-old industrial story to today's market dynamics, asking whether old-economy assets are finding new life. #Shipbuilding #Turnaround #DistressedBusinesses #Restructuring #Recovery #IndustrialRevival #DefenseContracting #SpaceX #NASAETF #IranConflict #SupplyChain #WarBoom #OldEconomy #BusinessPodcast #FexingoBusiness #Podcast #Manufacturing #Infrastructure Keep every episode free: buymeacoffee.com/fexingo
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How a 102-Year-Old Shipbuilder Survived War and Peacetime
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