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Benzinga
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Trump Administration Weighs Buying Stakes In Defense Contractors Like Lockheed Martin, Palantir

1. U.S. government considers ownership stakes in defense contractors like LMT. 2. LMT earns 97% of its revenue from government contracts. 3. Shares of LMT and peers rose on the news. 4. The government's actions emphasize support for national security. 5. Similar Intel deal noted for boosting domestic manufacturing.

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FAQ

Why Bullish?

Ownership stakes may provide funding stability and long-term contracts for defense firms, improving LMT's future outlook.

How important is it?

Potential ownership by the government can stabilize and boost LMT's business prospects significantly.

Why Long Term?

Increasing government involvement could secure defense funding over years, impacting LMT positively.

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