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Trump Attack on Lockheed Martin Foreshadows War on Defense Industry by webdesk@voanews.com (Reuters)
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| Trump Attack on Lockheed Martin Foreshadows War on Defense Industry by webdesk@voanews.com (Reuters) |
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| Article Posted: 12/12/2016 |
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Trump Attack on Lockheed Martin Foreshadows War on Defense Industry |
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Donald Trump on Monday widened his attack on defense contractors, slamming Lockheed Martin's F-35 fighter jet program as too expensive as aides to the president-elect said he intends to keep pushing to cut the costs of military hardware.
Trump's latest Twitter broadside sent defense shares tumbling and fanned concerns that the incoming administration will reduce defense contractors' profit margins and cut broader federal spending, threatening U.S. factory jobs even as Trump...
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