Commerce Secretary Howard Lutnick sparked questions across the U.S. defense sector today when he said senior Pentagon officials are considering taking a government stake in top U.S. defense companies, following a similar move to acquire a near-10% stake in chipmaker Intel. “There’s monstrous discussion about defense,” Lutnick said during a CNBC appearance this morning when asked if the Trump administration is considering an equity stake in defense companies Lockheed Martin, Boeing or Palantir. “I’m going to leave that to...
