Trump administration mulls taking stakes in defense firms including Lockheed Martin

The Trump administration is considering taking stakes in defense contractors, including Lockheed Martin Corp (LMT.N), U.S. Commerce Secretary Howard Lutnick said on Tuesday as he defended President Donald Trump's push for a greater government role in American business.

"They're thinking about it," Lutnick told CNBC, citing Pentagon leaders, when asked if the administration was considering taking pieces of contractors such as Lockheed Martin, Boeing (BA.N), or Palantir Technologies (PLTR.O.

"There's a lot of talking that needs to be had about how do we finance our munitions acquisitions."