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F-35

Frontrunning: December 13

  • Trump Picks Exxon Chief for State Amid Concerns (Reuters)
  • Buoyant Markets Pose New Challenge for the Fed (WSJ)
  • Tweeter-in-Chief Trump Faces Test After Yellen’s Rate Decision (BBG)
  • Trump Dissing Daily Intelligence Briefing Worsens Rift With CIA (BBG)
  • SWIFT confirms new cyber thefts, hacking tactics (Reuters)
  • UniCredit share issue lifts banks before Fed meeting (Reuters)
  • Senate Republican leader backs investigation into Russian hacking (Reuters)

Lockheed Responds To Trump Tweet

Lockheed Responds To Trump Tweet

In response to president-elect Trump's tweet over "out of control costs", Lockheed Martin has officially responded:

"This is an amazing day for the Israeli people. It's exciting to bring this airplane and its capabilities to the country.

 

We welcome the opportunity to address any questions the president-elect has about the program. It's an amazing program. Lockheed Martin and its industry partners understand the importance of affordability for the F-35 program.

 

Lockheed Martin Tumbles After Trump Tweets On "Out Of Control" F-35 Costs

Lockheed Martin Tumbles After Trump Tweets On "Out Of Control" F-35 Costs

After running up dramatically post-Trump's victory, Lockheed Martin shares are tumbling again this morning after the president-elect tweeted, questioning the costs of the company's F-35...

The reaction was a swift 3% plunge in the share price...

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