After the US new elect president Donald Trump had announced about his intention to make significant savings at the expense of military procurement, the price for Lockheed Martin shares went down, reports BBC. « The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th," Trump wrote in his Twitter. After that, the value of Lockheed Martin’s stock decreased by 4.2 percent.
F-35 is one of the most expensive projects of the Pentagon. Its total cost is estimated at $ 400 billion. As the project manager Jeff Babione said, the company understands Trump’s concern but evaluates the project as outstanding. The fifth-generation F-35 fighter’s first flight took place in December, 2006. United States, Great Britain, Italy and some other countries were involved in the creation of the aircraft.