Scoop: Trump to headline McCormick defense summit

Zoom in: The defense summit in central Pennsylvania convenes leaders from defense, technology, finance and government.

• JPMorgan Chase CEO Jamie Dimon will deliver the keynote. The roster features Blackstone president Jon Gray and Lockheed Martin CEO Jim Taiclet.
• Others on the lineup include General Dynamics CEO Phebe Novakovic, Boeing CEO Kelly Ortberg, SpaceX director Antonio Gracias and Palantir CTO Shyam Sankar.

What they're saying: "Pennsylvania has the technology, manufacturing, and skilled workforce necessary to advance American military innovation," McCormick tells Axios. "President Trump sees the power of Pennsylvania and how it is central to his vision of peace through strength."

Context: McCormick is a West Point graduate and Army combat veteran who served in the 1991 Gulf War.

Flashback: Last year, Trump headlined McCormick's inaugural Energy and Innovation Summit at Carnegie Mellon.

• The event drew $92 billion in private-sector commitments — the largest single-day investment announcement in Pennsylvania history.

The big picture: This year's summit comes in the wake of strikes against Iran, and as the Trump administration pushes Congress to approve a $1.5 trillion defense budget.

State of play: Pennsylvania is the nation's largest swing state and is home to several battleground U.S. House races for the upcoming midterm elections, including a hotly contested race in central Pennsylvania.

• Gov. Josh Shapiro, a Democrat, is also up for reelection ahead of an expected run for the White House in 2028.

What's next: The two-day summit runs from July 14-15.