US eyes defence pie! After Intel, will Donald Trump administration buy stakes in Lockheed Martin, Boeing? Commerce Secretary makes big statement

The US authorities is evaluating potential possession stakes in defence business companies. (AI picture)

The Donald Trump administration appears to be eyeing America’s prime defence giants for a stake after it struck a cope with Intel final week. The US authorities is evaluating potential possession stakes in defence business companies, together with Lockheed Martin Corp, US Commerce Secretary Howard Lutnick has mentioned.According to a Reuters report, Lutnick confirmed this growth on Tuesday while supporting President Donald Trump’s initiative for elevated authorities involvement in American business.“They’re thinking about it,” Lutnick instructed CNBC, citing Pentagon leaders, when requested if the administration was contemplating taking items of contractors reminiscent of Lockheed Martin, Boeing, or Palantir Technologies.Last week, the Trump administration revealed it had acquired practically 10% possession in the semiconductor producer Intel.The US authorities had earlier stepped in to finalise Nippon Steel’s acquisition of US Steel in June, securing what Trump known as a “golden share” that gives Washington management over its features.

US to buy stakes in Lockheed Martin, Boeing?

A major debate has emerged concerning defence procurement. According to Lutnick, Lockheed Martin derives 97% of its income from US authorities contracts, successfully functioning as a authorities extension.“There’s a lot of talking that needs to be had about how do we finance our munitions acquisitions,” Lutnick saidLockheed Martin, whose shares increased by 1.7%, issued a statement confirming their ongoing positive collaboration with President Trump’s administration to enhance national defence capabilities.Boeing’s shares rose 2.1%, and Palantir’s stock, after an initial minor decline of approximately 1%, demonstrated a 1.7% increase during New York’s midday trading, the Reuters report said.The comments represent another instance of unprecedented White House involvement in private industry, with interventions typically reserved for wartime scenarios or for protecting crucial domestic enterprises during economic difficulties.Recently, the Trump administration also acquired ownership in MP Materials, a rare earths firm, and facilitated an agreement with Nvidia and AMD requiring them to share 15% of their revenue from Chinese sales of previously restricted chips.During his Monday address, Trump expressed his intention to increase government funding in robust American enterprises, despite concerns from opponents who suggest such governmental involvement could restrict business flexibility and market responsiveness, whilst raising questions about consumer implications.The extraordinary degree of federal government involvement in economic matters has led to surprising collaborations, including liberal US Senator Bernie Sanders supporting the investment in Intel.On Tuesday, Lutnick said that organisations seeking federal aid must be ready to interact with Trump.“If an organization involves the United States of America authorities and says: ‘We want your assist, we need to change the whole lot’ … I feel that is a query between the CEO and the president of the United States of whether or not he will hearken to them and alter the foundations,” he told CNBC, citing the Nvidia deal.“If we’re including elementary worth to your enterprise, I feel it is honest for Donald Trump to consider the American folks,” Lutnick added.