Jim Cramer Explains What's Behind Trump's Tough Lockheed Talk
Lockheed Martin is the latest company being pressured by Trump to lower the prices of products it sells to the government and it won't be the last one.
Lockheed Martin (LMT) - Get Report is the latest company being pressured by President-Elect Donald Trump to lower the prices of products it sells to the government and it won't be the last one, says TheStreet's Jim Cramer. Barely a week after taking shots at Boeing, Trump took aim at Lockheed Martin, saying costs on the contractor's much-delayed F-35 fighter program are out of control. The program has been plagued by delays and technical issues but is at long-last nearing delivery, with Lockheed hoping that one day the F-35 could account for as much as 50% of its revenue. Trump, in a tweet Monday morning -- said the F-35 "program and cost is out of control."









