⚈ Lockheed Martin is facing a setback over $ 2 trillion F-35 program failures.
⚈ Elon Musk criticized expensive jet aircraft, calling drones a better investment.
⚈ Despite the controversy, the LMT share has increased by 6.7%over the last 30 days.
The US military-industrial complex is a controversial issue for many reasons and it is generally unfamiliar to criticism. But in April, it ended up in another form of attack: the accusation of “awakening”.
More specifically, the journalist Laura Loomer, who is often described as a right-wing activist, took XI to accuse Lockheed Martin (Nysse: LMT)-One of the biggest players of the military industry that he pushes the “Awakening Plan” while American taxpayers jump.
According to him tagNot only is the Defense Hi-35 F-35 destruction program a stunning $ 2 trillion dollar, but no satisfactory products have been delivered.
For example, Loomer claims that Lockheed Martin regularly supplies fighters without a functioning radar and that airplanes break down quickly and rust at sea while serving with CAGS groups (CAGS).
The journalist and the activist accused the program allegedly accused of “wokensess”, diversity, equity and involvement “(Dei) and” Trump's hatred “, while reflecting on what he thinks is shady connections between Laden administration officials,” crown, and CEO who want to “live” without “living” Save with the king, “without saving the king,” without saving it with the king, “without being able to enter the United States without saving the king like the king.
Elon Musk joins Lockheed Martin Dogpile
Interestingly, Lockheed Martin and the F-35 program have been under control in recent weeks. Head of the Government Efficiency Department (Doge), TwIT, and Tesla (Nasdaq: TSLA), Elon Musk, Elon Musk, Elon Musk, Elon Musk, CEO. OPEN That it is actually a waste of money.
Specifically, South African-Canada-American billionaire believes that expensive fighter jets can easily destroy the significantly cheaper drones when used with a Chinese power.
In recent years, drones have become a dominant narrative in modern warfare. Especially Russia's invasion of Ukraine brought the public attention when they forced both sides to install so -called Cope Cages.
COPE cages are an improvised metal wrapping that usually covers a tower that many think are designed to detonate suicide drones before they reach the target. Initially, they were ridiculed mainly by the Russians, but since then they have been seen in Ukraine and even Israeli in tanks.
Is the military-industrial complex more expensive than it is worth?
Elsewhere, the issue of the destruction of very expensive devices, which has lasted for decades, has seemed to have seemingly little progress.
How many war games show that Chinese or Russian missiles or Swedish electric submarines – can be easily destroyed by super carriers that it has been a particularly magnetic issue.
Lockheed Martin shares develop despite criticism
Interestingly, the controversy has not prevented Lockheed Martin's shares from performing well. Over the last 30 days, LMT shares have risen by 6.72% and the last week of trading was a significant positive momentum with a 3.10% rally.
Although Lockheed Martin is $ 476.74 at his time, which is 1.89%in 2025, it has overtook the wider market. In contrast, the S&P 500 index decreased by 5.85% per annum (YTD) and Dow Jones's industrial average (DJIA) is 4.77% over the same time.
Highlighted image via Shutterstock
