Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick

U.S. Secretary of Commerce Howard Lutnick attends an interview, outside the White House, in Washington, D.C., U.S., June 11, 2025.

Kent Nishimura | Reuters

Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday.

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