12-12-2016 20:01 via news.yahoo.com

Trump attack on Lockheed Martin foreshadows war on defense industry

Donald Trump on Monday widened his attack on defense contractors, slamming Lockheed Martin's F-35 fighter jet program as too expensive as aides to the president-elect said he intends to keep pushing to cut the costs of military hardware. Lockheed shares dropped 3.4 percent and other defense contractors also tumbled. "The F-35 program and cost is out of control," Trump said on Twitter, echoing campaign promises to cut waste in federal spending.
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