Latest Trump target: the F-35 Joint Strike Fighter program

Amy Scott Dec 12, 2016
HTML EMBED:
COPY
A Dutch Lockheed Martin F-35 Lightning II fighter jet takes off at Edwards Air Force Base, California, on November 24, 2015. President-elect Trump has voiced his concerns over the costs of the Joint Strike Fighter program on his Twitter account.   DAVID MCNEW/AFP/Getty Images

Latest Trump target: the F-35 Joint Strike Fighter program

Amy Scott Dec 12, 2016
A Dutch Lockheed Martin F-35 Lightning II fighter jet takes off at Edwards Air Force Base, California, on November 24, 2015. President-elect Trump has voiced his concerns over the costs of the Joint Strike Fighter program on his Twitter account.   DAVID MCNEW/AFP/Getty Images
HTML EMBED:
COPY

Another day, another market-moving tweet from the future President of the United States. This time the target was defense contractor Lockheed Martin, and its F-35 Joint Strike Fighter program. In the tweet, President-elect Trump called the F-35 program and its cost, “out of control” and pledged to save billions of dollars in military and other spending once he takes office. Shares in Lockheed and other defense contractors promptly dropped. But fixing concerns with the F-35 program is no easy task.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.