The U.S. government spends hundreds of billions of dollars a year with #defense companies. The #Trump administration seems to think it deserves something more in return than goods and services: equity. The Defense Department is considering taking ownership stakes in defense contractors, Commerce Secretary Howard Lutnick said Tuesday in an interview. The financing of munitions acquisitions needs rethinking, and Secretary of Defense Pete Hegseth and Undersecretary Stephen Feinberg “are on it,” #Lutnick said. “The way it has been done has been a giveaway.” His comments, which came during a discussion on the U.S. government’s assumption of a stake in Intel, caught defense watchers by surprise. But major #defensecompanies may be better able to fend off any government demands. Read the full story at the link in our bio. (Photo: Kayla Bartkowski via Getty Images)