Trump, the Pentagon weighs the share of the shares in Lockheed: Lottenic

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SECERCE SEC. Lootnick: Trump Pentagon

Pentagon’s senior officials “think” whether the United States should obtain it Shares In the leadership of defense contractors like Lockheed MartinTrade Secretary Howard Lootnick He said on Tuesday.

Cabinet Secretary, in an interview with CNBC “Squawk box“The government’s interest in taking these risks days after the US government acquired 10 % of Intel Almost stock A 9 billion dollar deal.

Lootnick was asked whether the Trump administration would repeat this move with other companies dealing with the government.

“Oh, there is a brutal discussion about the defense,” Lootnick answered.

He said that Lockheed, which is achieving most of its revenues from federal contracts, is “mainly an arm of the American government.”

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“But what are the economies of that? I will leave that to my defense minister and the Deputy Minister of Defense.”

“These men are thinking about it.”

Lockheed and the Pentagon immediately did not respond to CNBC requests for comment.

Lockheed is the first defense company in the world with revenue, according to DefensENEWS. 2024 Lists. Among the other American contractors RTXand Northrop Groumanand General dynamics and Boeing.

president Donald TrumpThe move to take over the ownership of part of the Intel, a besieged chips maker, is a great escalation in his efforts to achieve its economic goals by practicing more and more governmental control over the private economy.

Trump said on Monday that he would perform similar deals. “All day

Lootnick He said Friday The agreement concluded by Trump with Intel CEO of Lip-Bu Tan “enhances US leadership in semiconductors, which will cultivate our economy and help secure the advantage of American technology.”

But this step attracted hot criticism-including some conservatives, who warn that Trump’s work reduces the principles of free market and poses risks to both Intel and the economy.

“The most urgent danger is that Intel’s decisions will feel increasingly, political, not commercial considerations,” said economist Scott Lincum of the Cato Tahrir Institute in A. Washington Post.

Senator Rand Paul, R-Ky. , Written in X post“If socialism has the government’s production, will the government that has part of Intel will be a step towards socialism?”

Watch the full CNBC interview with the Minister of Commerce Howard Lottenic



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