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Trump Meets CEOs of US Defense Contractors in Attempt to Cut Costs of F-35 Jets
Trump Meets CEOs of US Defense Contractors in Attempt to Cut Costs of F-35 Jets
Sputnik International
The chief executives of two of the biggest US defense contractors, Boeing and Lockheed Martin finished a meeting with US President-elect Donald Trump to... 21.12.2016, Sputnik International
2016-12-21T22:13+0000
2016-12-21T22:13+0000
2022-08-06T11:27+0000
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Trump Meets CEOs of US Defense Contractors in Attempt to Cut Costs of F-35 Jets
22:13 GMT 21.12.2016 (Updated: 11:27 GMT 06.08.2022) The chief executives of two of the biggest US defense contractors, Boeing and Lockheed Martin finished a meeting with US President-elect Donald Trump to discuss cost overruns on the F-35 fighter jet, Trump told reporters.
WASHINGTON (Sputnik) — Trump's meeting with the CEOs of the aerospace and defense companies comes after he criticized contracts they have with the government in Twitter messages, ABC News said.
"We’re trying to get costs down, costs, primarily the F-35," Trump said following Wednesday’s meeting. "We’re trying to get the costs down. That program is very very expensive."
20 December 2016, 00:20 GMT
On December 6, Trump said he wanted to cancel an order for a new Air Force One because Boeing's $4 billion cost for the airplane and associated research and development program was "ridiculous." According to media reports the Air Force has budgeted $1.65 billion for the project.
Last week Trump called Lockheed Martin's F-35 Lightning II Joint Strike Aircraft a disaster because of "out of control costs."
