The Trump administration is "thinking about" whether the U.S. should take stakes in top defense contractors, Commerce Secretary Howard Lutnick said.
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Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin
, Commerce Secretary Howard Lutnick said Tuesday.
The Cabinet secretary, in an interview on CNBC’s “Squawk Box,” revealed the government’s interest in taking those stakes days after the U.S. government acquired 10% of Intel
stock in a roughly $9 billion deal.
Lutnick says feds could take stake in defense contractors - UPI.com
Trump administration considers stake in defence firms like Lockheed Martin
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