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US Commerce Secretary Suggests Defense Sector Scrutiny Following Intel Deal
US Commerce Secretary Suggests Defense Sector Scrutiny Following Intel Deal
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BTCCSquare news:
US Commerce Secretary Howard Lutnick hinted at potential government stakes in defense contractors, drawing parallels to the recent Intel Corp. arrangement where the US acquired a 10% share. The remarks signal broader industrial policy ambitions beyond semiconductors.
"There's a monstrous discussion about defense," Lutnick stated during a CNBC interview, singling out Lockheed Martin as a de facto government entity. The comments reflect growing WHITE House interest in strategic equity positions across critical industries.
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