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US Is Considering A Stake In Lockheed Martin And Other Defense Firms, Lutnick Says
Forbes· 2025-08-26 22:20
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 ...