Boeing says Trump's equity stake plan doesn't apply to big U.S. defense firms
- - Boeing says Trump's equity stake plan doesn't apply to big U.S. defense firms
Reuters December 6, 2025 at 4:03 PM
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SIMI VALLEY, California, Dec 6 (Reuters) - U.S. President Donald Trump's plan to take government equity stakes in strategic industries doesn't apply to major defense firms, the head of Boeing's defense unit said Saturday.
"It really only applies on the supply chain, particularly for the smaller companies coming through where that might be a way forward for them to get some equity," Steve Parker, Chief Executive Officer of Boeing Defense, Space & Security, said on a panel at the Reagan National Defense Forum, an annual industry event in Simi Valley, California.
"I don't think it really applies to the Primes," Parker added, referring to big legacy defense contractors like Boeing, Lockheed Martin, RTX and Northrop Grumman.
(Reporting by Mike Stone and Joe Brock; Editing by Chizu Nomiyama )
Source: “AOL Money”
