News Pentagon weighing equity stakes in defense contractors like Lockheed, says Commerce Secretary

[marees]

Lutnick was asked if the Trump administration would repeat that move with other companies that do business with the government.

“Oh there’s a monstrous discussion about defense,” Lutnick replied.

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

“But what’s the economics of that? I’m going to leave that to my secretary of Defense and the deputy secretary of Defense.”

“These guys are on it and they’re thinking about it,” he said.




Lutnick added that President Donald Trump is rethinking how the U.S. ought to finance its munitions and other defense capabilities.

“I tell you, the way it has been done has been a giveaway,” Lutnick claimed. His remark could suggest that the Trump administration is considering a major overhaul of Pentagon appropriations, which are approved annually by Congress.

https://www.cnbc.com/2025/08/26/trump-pentagon-equity-stakes-in-defense-contractors.html

 

[marees]

Lutnick's comments are the latest example of the White House's aggressive interventions in the private sector, with moves historically only undertaken during wartime, or to save struggling and strategic domestic companies during times of economic stress.

"If a company comes to the United States of America government and says: 'We need your help, we want to change everything' ... I think that's a question between the CEO and the president of the United States of whether he will listen to them and change the rules," he told CNBC, citing the Nvidia deal.

"If we are adding fundamental value to your business, I think it's fair for Donald Trump to think about the American people," Lutnick added.

https://finance.yahoo.com/news/us-could-seek-piece-defense-133428651.html?fr=yhssrp_catchall&guccounter=1&guce_referrer=aHR0cHM6Ly9yLnNlYXJjaC55YWhvby5jb20vX3lsdD1Bd3I0OUk5Nm1hNW9tRTBLaVJFTm5ZbFE7X3lsdT1ZMjlzYndObmNURUVjRzl6QXpRRWRuUnBaQU1FYzJWakEzTnkvUlY9Mi9SRT0xNzU2MzAxODE5L1JPPTEwL1JVPWh0dHBzJTNhJTJmJTJmZmluYW5jZS55YWhvby5jb20lMmZuZXdzJTJmdXMtY291bGQtc2Vlay1waWVjZS1kZWZlbnNlLTEzMzQyODY1MS5odG1sJTNmZnIlM2R5aHNzcnBfY2F0Y2hhbGwvUks9Mi9SUz0xLnN2S2twU1VmRUpfeWo0OTM2ODJTd2ZtVzgt&guce_referrer_sig=AQAAAGrTdq-E5X_W9c_tPE73WTgVeUmY6YQCdIO4TAl4fv9LyZnyL6oGBlLaU4OzA8rhGtQadyV4Mv4Rkv_hYX1CDkNDwVGWZT9VwOSDssVgCBdgtjKPqImWxbcP3-TGKpyJ-n5ELFJB5Xy3R6l2melCUWGmZfQSC50Pf_QDTycVQebj

 

[Jaskalas]

Didn't you know?
Republicans were always behind central planning and socialism and totally have not spent the entirety of their existence bemoaning and demonizing the concepts they now employ in mass.
All it took for them to reverse their intellectual and moral conscience was the whim of one madman. One man says jump, and Republicans BEG him to know how high.

 

[biostud]

Because your allies don't want to buy American in the future...