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Trump Admin Mulls Taking Stakes in Defence Firms

Financial Express Kochi

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August 27, 2025

THE TRUMP ADMINISTRATION is considering taking stakes in defence contractors, including Lockheed Martin Corp, US Commerce Secretary Howard Lutnick said on Tuesday as he defended President Donald Trump's push for a greater government role in American business.

"They're thinking about it," Lutnick told CNBC, citing Pentagon leaders, when asked if the adm

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