A fluid-powered thrust reverser actuation speed control system and method are provided. A drive fluid is supplied to a fluid-powered drive mechanism that is coupled to a thrust reverser movable component to thereby move the thrust reverser movable component at a first movement speed. A determination is made as to when the thrust reverser movable component attains a predetermined position. In response to the thrust reverser movable component attaining the predetermined position, the drive fluid supplied to the fluid-powered drive mechanism is controlled to thereby move the thrust reverser movable component at a second movement speed that is less than the first movement speed.