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2. you'll love this
Tue Mar 3, 2026, 10:22 PM
Tuesday

Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors, Commerce Secretary Howard Lutnick said.

Lockheed Martin, which makes most of its revenue from federal contracts, is “basically an arm of the U.S. government,” he said.

Lutnick’s remarks on CNBC’s “Squawk Box” came days after the U.S. government acquired 10% of Intel stock in a roughly $9 billion deal.

https://www.cnbc.com/2025/08/26/trump-pentagon-equity-stakes-in-defense-contractors.html?msockid=2b6621c2034b646f1813373a028c657b

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