The im­pact of the tweet

The Denver Post - - BUSINESS -

SHARES PLUNGE: Shares of Lock­heed Martin fell Mon­day, wip­ing out nearly $2 bil­lion of the com­pany’s mar­ket value. The com­pany’s shares fell $6.42, or 2.5 per­cent, to close at $253.11. ABOUT THE F-35: The F-35 pro­gram made up 20 per­cent of Lock­heed’s to­tal 2015 rev­enue of $46.1 bil­lion. And U.S. gov­ern­ment or­ders made up 78 per­cent of its rev­enue last year. The F-35 pro­gram di­rectly or in­di­rectly sup­ports more than 146,000 U.S. jobs, ac­cord­ing to the com­pany’s web­site. BOE­ING ALSO HIT: This is the sec­ond time in a week that Pres­i­dent-elect Don­ald Trump has blasted U.S. air­craft spend­ing. Trump tweeted last week that costs to build new pres­i­den­tial planes by Boe­ing Corp. were “out of con­trol” and ended the tweet with “Can­cel or­der!” The Associated Press

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