Who is the turn? After taking actions at the Intel semiconductor manufacturer, the United States status could become a shareholder of defense groups, particularly Lockheed Martin, Howard Lutnick, a Minister of American Commerce, said on Tuesday. “There is a huge discussion about the defense. Lockheed Martin achieves 97% of its turnover thanks to the US government,” said Howard Lungick, interviewed on the CNBC television channel.
He said that Defense Minister Pete Hegesh and his teams were “at that time”, and that they “think” at the entrance to the US State in the capital of the country’s defense groups. Contacted, the main American defense manufacturers, Lockheed Martin, Northrop Grumman, GE Aerospace, RTX and General Dynamics, did not react immediately. Boeing didn’t want to comment.
Around 3:00 pm GMT, the actions in the sector progressed in the New York Stock Exchange after the minister’s words, in particular Lockheed (+1.58%), RTX (+1.05%), Northrop (+1.09%) or GE Aerospace (+1.65%). “The crucial element here is to determine if the United States of America adds a fundamental value to their business. If we add a fundamental value to its activity, I think it is only that Donald Trump thinks of the American people,” said Howard Lunick said.
The beginning of a long series?
Kevin Hasett, the American president’s economic advisor, said Tuesday that the State was ready to enter the capital of other companies, but without specifying in a particular sector. “It is very possible,” Kevin Hassett replied, in CNBC, “I am convinced that there will be other” transactions “similar to those of Intel.
Donald Trump announced on Friday a 10% participation in the capital of Intel, saying that “had no cost.” The company said that the US state investment amounted to $ 8.9 billion, part of which corresponding to non -paid subsidies, to which 2,200 million subsidies already paid are added. In return, the State must receive 433.3 million shares (9.9% of the capital).
Source: BFM TV
