Lockheed, Boeing may be big winners
WASHINGTON: Nearly half of the United States President Donald Trump’s US$30 billion (RM133.2 billion) supplemental defence budget proposal for this year would go towards buying and modernising warplanes, warships and missiles.
Although Congress must approve the US$13.5 billion request, Boeing Co would be one of the biggest beneficiaries of the proposal, which included US$2.4 billion for 24 F/A-18 E/F Super Hornet jet fighters.
Lockheed Martin is also one of the big winners in the administration’s proposal. In a tweet on December 22, Trump had suggested buying more Boeing F/A18s, which he called “comparable” to the Lockheed Martin F-35.
Pentagon officials said the request for additional 2017 funds would help accelerate planned acquisitions of F-35 Joint Strike Fighters. Reuters