Page 3 - Lockheed Martinf 35 News Today

From president-elect trump. he writes "based on the tremendous cost and cost overruns of the lockheed martin f-35 i have asked boeing to price out a comparable f-18 super hornet." hes talking about these jets here. and while lockheed tumbled, shares of boeing got a boost. lets go to richard quest in his role as cnn aviation correspondent, host of "quest means business." richard quest. we know ceos of both boeing and lockheed martin were down at mar-a-lago speaking to mr. trump and it seems a day...

Life by early in his administration by cutting both countrys arsenals. saving hundreds of billions of dollars that we dont need to spend on new weapons and using the money for other purposes. that will put him in the history books. >> in the meantime, we have the spector of social media, absent any news conferences. it has been 148 days, the most we hear, we had 74 seconds of him. the most we hear from him is on social media. he took to it again later today to talk about aircraft, specifically a...

Thats a different animal. this had an after hours impact on lockheed stock. think of the people working on the f-35 program tonight. >> in fact just a few weeks ago, he was tweeting about lockheed and questioning the pricing on the f-35. the ceo of lockheed happened to be at a meeting in the persian gulf and lost $2 billion in market cap in the next minutes after the tweet went out. one has to wonder about this very public and limited on social media debate. he is creating competition between th...

Thats half of obama stimulus plan. thats a lot of money. and so if you can start to get these numbers into a more manageable space, its going a long way as making us as a nation more productive. our government needs to be more productive for us in terms of what theyre spending. they havent been. >> president elect has inserted himself in business dealings, now we are seeing with the defense contractors, its fascinate to go watch. is it sustainable? can he keep doing this once he assume it is pre...

What dueck? >> yeah. and -- what do you think? >> yeah, and he didnt just land on this particular jet by accident. its come under criticism from multiple sources, including within the military as you pointed out. and i think this is sort of an appropriate role for a president to come in and say despite my campaign promise to rebuild the american military, rebuild and invest should not and does not mean lets just take piles of cash and shovel it out the door. lets be smart about it and make sure ...

Spend on new weapons and using the money for other purposes. that will put him in the history books. >> in the meantime, we have the spector of social media, absent any news conferences. it has been 148 days, the most we hear, we had 74 seconds of him. the most we hear from him is on social media. he took to it again later today to talk about aircraft, specifically a big government contractor, lockheed. based on the tremendous cost and cost overruns of the lockheed martin f-35 which has been a t...

East policy as an arab and egyptian sponsored resolution. they lobbied the egyptian leader and he backed down, not telling his ambassador to complete humiliation. they are furious and we dont know whats going to happen with that. >> less than a minute left. this wouldnt be the first time someone questioned an aircraft project and a pentagon program. we have seen a lot of hardware over the years. no one wanted and no one asked for. we have seen things retire like the a-10 that shouldnt be. a cert...

Think of the people working on the f-35 program tonight. >> in fact just a few weeks ago, he was tweeting about lockheed and questioning the pricing on the f-35. the ceo of lockheed happened to be at a meeting in the persian gulf and lost $2 billion in market cap in the next minutes after the tweet went out. one has to wonder about this very public and limited on social media debate. he is creating competition between the two american companies. jobs are at stake. its not as though he is debatin...

They took back the iztoric city of palmyra. only nine months after the islamic terrorist group was expelled in that city by syrian and russian forces. martha: new developments concerning billion dollar programs with two of americas biggest companies. president-elect donald trump voicing concerns about the cost of lockheed martin f-35 jet program, suggesting that he will scrap it when he takes office. at same time boeing says it sealed a 17 billion-dollar deal to sell jetliners to iran. that woul...

Started with chris wallace on "fox news sunday" and going after wasteful pentagon spending. particularly a republican coming into office would be all for defense spending which he said he wanted during the campaign. he still says, donald trump, that he wants it, but wants it not to be wasteful. there is billion of dollars going down the drain. this is why his critics say look he is going after the companies, he is unpredictable. supporters say wait a second. that is why they want him and went ou...