The military under the Trump administration will see new competition targeting the F-35 as a push to ?reduce costs. President-elect Donald Trump, in a combative first press conference since he was elected, said he has gotten to know the “fantastic” admirals and generals involved in the F-35 program. “We’re going to do some big things on the F-35 program, and perhaps the F-18 program,” he said. “And we’re going to get those costs way down and we’re going to get the plane to be even better. And we’re going to have some competition and it’s going to be a beautiful thing.” Much like Trump’s tweet targeting F-35 costs late last year, his comments sparked drop in Lockheed Martin stock, which began to recover Wednesday afternoon.
Gas is king in the vast expanse of the Pacific. And as the Pentagon has sought to build up its capability to deter China, the Department of Defense has undergone a major rethink about how to get fuel to the region. At the heart of the effort is the U.S. Transportation…