Trump Takes Aim at Lockheed Martin’s F-35 Jet in Tweet

The transcript discusses the F35 program, the largest defense initiative by the US government, costing around $400 billion. It highlights the financial aspects, including annual spending and Lockheed Martin's revenue expectations. The market's reaction to President-elect Trump's focus on defense costs is explored, with concerns about contractor profitability under the new administration.

What is the estimated total cost for the F35 program according to the government?

What are the potential risks associated with the F35 program as mentioned in the text?

How much does the US expect to spend on the F35 program this year?

What concerns do defense contractors have regarding the new administration's focus?

What is the expected impact on contractor profitability as the new administration takes over?