For the best experience use Mini app app on your smartphone
US government eyeing stake in Lockheed Martin after Intel deal
short by Udit Gupta / on 27 Aug 2025,Wednesday
The US government is considering taking stakes in defence firms, particularly Lockheed Martin, after the Trump administration took a 9.9% stake in Intel. US Commerce Secretary Howard Lutnick mentioned a "monstrous discussion about defence", noting Lockheed Martin's reliance on government revenue. "They are basically an arm of the US government," Lutnick stated.
short by Udit Gupta / 10:09 am on 27 Aug
For the best experience use inshorts app on your smartphone