A spokesperson for Lockheed Martin said the company shares all the priorities of the administration, “speed, accountability, and results,” telling RCP that they “will continue to invest and innovate at scale to ensure our warfighters maintain a decisive advantage and are never sent into a fair fight.” The founder and CEO of a defense contractor before joining the Biden administration, he leaned on the industry in that role and lambasted certain defense contractors for using buybacks to “goose your stock prices.” His line has remained consistent outside government. “Dividends and share buybacks are a symptom of the model we have,” Grinberg said, noting the significant consolidation in the industry that began at the behest of the Pentagon after the Cold War.
Author: Philip Wegmann, Real Clear Wire
Published at: 2026-02-07 23:34:11
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