US Is Considering A Stake In Lockheed Martin And Other Defense Firms, Lutnick Says
ToplineCommerce Secretary Howard Lutnick said the U.S. government was having “monstrous discussions” about taking stakes in defense companies, similar to the deal the Trump administration negotiated with Intel for a 10% stake in the semiconductor chip manufacturer, and identified defense contractor Lockheed Martin to CNBC’s Squawk Box as a potential target for such a deal.Lutnick said the defense contractor was “basically an arm of the U.S. government.”Getty Images ...