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Trump Administration Wants Ford, GM To Produce Weapons And Munitions Amid Wars In Iran, Ukraine: Report [Yahoo! Finance]
Last ge aerospace earnings: 4/30 04:02 pm
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A World War II Callback? The Pentagon has approached GM CEO Mary Barra , as well as Ford CEO Jim Farley , among other top executives, about producing military supplies and weapons, according to a report by the Wall Street Journal on Wednesday, citing anonymous sources familiar with the talks. The preliminary talks were also held with GE Aerospace and Oshkosh Corp , the report said, with the discussions beginning before the war with Iran. Defense officials have touted shoring up domestic production of weapons and munitions as a matter of national security, the report said, while also asking manufacturers to identify barriers to defense production, the report said. Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast The talks come as officials became concerned about domestic weapons manufacturing capacity following the U.S. and N
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