Trump administration considers stake in defence firms like Lockheed Martin | Business and Economy News

The administration of United States President Donald Trump is considering taking a stake in domestic defence contractors, including the aerospace company Lockheed Martin.

On Tuesday, Secretary of Commerce Howard Lutnick hinted at the administration making a possible investment in the company as he defended Trump’s push for a greater role in business.

“They’re thinking about it,” Lutnick told the news outlet CNBC when asked if the administration was considering taking pieces of…

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News Source: www.aljazeera.com

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