By Aaron Gregg
January 11, 2017
In his first press conference since winning the presidential election in November, Donald Trump again took aim at Lockheed Martin’s F-35 Joint Strike Fighter.
His latest comments followed a tweet last month about the F-35’s “tremendous cost and cost overruns.” The president-elect said he had asked Boeing to “price out a comparable F-18 Super Hornet.”
“We’re going to do some big things on the F-35 program and perhaps the F-18 program,” Trump reiterated Wednesday. “And we’re going to get those costs way down, and we’re going to get the plane to be even better, and we’re going to have some competition and it’s going to be a beautiful thing. So we’ve been very very much involved.”
Trump offered few details before moving on. But the 30 seconds or so he devoted to the topic jolted stocks at Lockheed Martin and Boeing, the two companies primarily responsible for the F-35 and F-18 programs respectively, though both recovered throughout the day.[FULL ARTICLE]