Summary
The Trump administration is thinking about buying stakes in defense companies, including Lockheed Martin. This move is part of a broader strategy where the government has already taken stakes in other industries, like technology and materials. Critics are concerned about government involvement in private companies, but the administration argues it's about national defense and economy.
Key Facts
- The Trump administration is considering investing in defense companies like Lockheed Martin.
- Commerce Secretary Howard Lutnick mentioned the possibility in an interview.
- Lockheed Martin gets 97% of its revenue from the U.S. government.
- The administration has already bought a 10% stake in Intel, a semiconductor company.
- Trump has been pushing for more government investment in various industries.
- Lockheed Martin's stock rose 1.6% after the announcement.
- Critics worry about too much government involvement in private businesses.
