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Lockheed Martin

Pentagon strikes new F-35 deal with Lockheed after Trump involvement

The Trump administration announced Friday that the Pentagon has reached a tentative deal with Lockheed Martin for the purchase of 90 F-35 jets at the lowest price in the program’s history – saving the government millions, officials said. Trump, as president-elect, made headlines in December when he tweeted that the costs for the F-35 program

Ten Questionable Federal Gov’t Expenditures Greater Than Trump’s Border Wall

Jeff Poor, Many of President Donald Trump’s critics are grappling with the reality the U.S. government will actually build the much-ballyhooed border wall Trump had pledged to repeatedly during his campaign. However, those critics are still arguing the money put toward the project would be a waste. The main question now is how the government

Trump to meet with Boeing CEO again to talk Air Force One

President-elect Donald Trump is expected to meet with the head of Boeing Tuesday to discuss the contract to update the next Air Force One, The Seattle Times reported, citing a person familiar with the plans. Last month, Boeing’s Dennis Muilenburg met with Trump and told him that his company can build a new Air Force

GM Just Announced 1,000 New Jobs: Thank You #PresidentTrump

Cortney O’Brien,  President-elect Donald Trump is being credited with bringing jobs back to America before he even takes office. Carrier announced it is bringing close to 1,000 jobs back, while Lockheed Martin is adding about 2,000 positions.  Let’s also not forget when Trump shook hands with the CEO of a huge Japanese company and secured thousands more jobs. Trump

Lockheed Martin CEO Tells Trump Company Plans to Lower F-35 Costs, Add 1,800 US Jobs

Leah Barkoukis, After meeting with President-elect Donald Trump on Friday, Lockheed Martin CEO Marillyn Hewson said the company is close to a deal to bring down the cost of its F-35 aircraft, and will also be adding 1,800 jobs to its Fort Worth plant. “I certainly share his views that we need to get the

Bringing ‘America First’ to Government Contracts

Fred Lucas, Trump can use federal spending as leverage to protect and support American jobs. President-Elect Donald Trump hasn’t waited until Jan. 20 to get to work on policy. Trump first preserved about 800 Carrier jobs in Indiana — keeping a specific campaign promise and reflecting his broader campaign theme about American jobs. He at least

Trump poised for cost-cutting battle with defense contractors

President-elect Donald Trump’s preemptive strike on the price tag of two major projects with leading defense contractors has fiscal hawks hopeful the incoming administration can rein in Pentagon contract costs even as Trump vows to invest in rebuilding the U.S. military. “I hope this will be an opportunity to look at the Pentagon more clearly

Trump takes reins early, assumes major role in negotiations at home and abroad

With less than a month until the inauguration, Donald Trump is not waiting to exert his influence on everything from government contract negotiations to international affairs – taking a historically active role for a president-elect while the incumbent is still in office. Trump’s involvement in seeking changes early to U.S. policy could be seen in

Trump asks Boeing to price-out ‘comparable’ F-18 Super Hornet to Lockheed’s F-35

President-elect Donald Trump tweeted Thursday that based on the “tremendous” cost overruns of Lockheed Martin’s F-35 program, he had asked the aerospace giant’s competitor, Boeing, to “price-out a comparable F-18 Super Hornet.” Trump did not go into specific details about his Boeing inquiry, but it does appear to show his willingness to pit two major

Boeing CEO vows to build new Air Force One for less after Trump complaints

The CEO of Boeing told President-elect Donald Trump Wednesday that his company can build a new Air Force One for less than originally quoted — after Trump complained about the cost. Earlier this month, Trump made headlines for blasting the company on Twitter for alleged cost overruns with the new fleet of Air Force One

The $4 Billion Air Force One is Nothing But a Clean-Energy Ruse

Bryan Crabtree, With a single Tweet, Donald Trump brought attention to the Pentagon’s ‘$2000 toilet’ in the sky. This time the price tag to the Pentagon appears to be north of $4 billion for a Boeing contract to build two new 747-800 airplanes for future presidents. This project is nothing more than a disguise by

F-35 program ‘cost is out of control,’ Trump says

The most expensive weapons program in American military history just got its most powerful critic: President-elect Donald Trump. The incoming commander-in-chief took aim Monday at the costly F-35 fighter jet program on Twitter, after earlier calling out the program during a Fox News interview. “The F-35 program and cost is out of control,” Trump tweeted.