December 13, 2016
Latest Trump target: the F-35 Joint Strike Fighter program
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.
Listen to the clip below.
More from CNAS
-
China’s Quantum Future
Commentary
China should be a “global leader in innovation” by 2035, President Xi Jinping declared during the Chinese Communist Party’s 19th National Congress last October. His remarks re...
By Elsa B. Kania
-
Technology and Innovation in an Era of U.S.-China Strategic Competition
Podcast
China has taken significant steps to implement national strategies and encourage investment aimed at surpassing the U.S. in high-tech fields like artificial intelligence. In t...
By Elsa B. Kania
-
Defence innovation is critical for the future of the Australia–US alliance
Commentary
The outcome of the recent AUSMIN meeting—the annual gathering of the secretaries of state and defence from the United States and the foreign and defence ministers from Austral...
By Daniel Kliman & Brendan Thomas-Noone
-
How the Five Eyes Can Harness Commercial Innovation
Commentary
Earlier this year, the United Kingdom, Australia, Canada and New Zealand – which along with the United States are members of the “Five Eyes” alliance – came together to collec...
By Daniel Kliman & Brendan Thomas-Noone
