Lockheed Martin Agrees With Trump That Defense Price Range Greenbacks Need To Be Spent Wisely, Says Ceo

In December, President-elect Trump tweeted criticism of Lockheed Martin’s F-35 fighter jet program, saying the cost was “out of control”.
The Paris Air Show is set to see Lockheed Martin’s stealthy F-35 jet for the first time this week.
President Donald Trump and Lockheed Martin Corp are both on the same page when it comes to defense spending and delivering value for money for U.S. taxpayers, CEO Marillyn Hewson told CNBC on Monday.
Hewson said that while global security threats continued to increase, the Maryland-based defense contractor remained on course to deliver around 160 jets every year.
The company’s market value subsequently fell by around $4 billion.

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