Trump Administration Pursues Funding Deals With US Drone Makers, Including Possible Equity Stakes
The Trump administration is pursuing funding deals with a group of US drone companies as part of an effort to increase domestic production, according to a Wall Street Journal report. The Pentagon is negotiating with multiple private-sector drone makers, and some of the arrangements under discussion could include the US government taking equity positions in domestic companies.
The reported talks show the administration is considering both funding initiatives and potential ownership stakes to support American drone manufacturers. The discussions are at the negotiation stage and are focused on expanding US-made drone production.
From the sources (5 posts)
@firstsquawkWSJ: The Trump administration is discussing potential funding initiatives for American drone manufacturers.
@zerohedgeThe Trump Administration Is in Talks to Fund U.S. Drone Companies: WSJ
@stockmktnewzThe 🇺🇸 Trump administration is pursuing funding deals with a group of drone companies as part of its effort to increase domestic production - WSJ
@andrewcurran_The Pentagon is in negotiations with multiple private-sector drone companies, and some of the deals under discussion may include the US Government taking equity positions in domestic drone companies. Reporting from the WSJ.
@stocksavvyshayPresident Trump is pursuing funding deals with a group of drone companies to boost domestic production. Another signal that U.S.-made drones are becoming a national security priority. $ONDS, $AVAV, $KTOS, $AVEX, $UMAC, $RCAT, $DPRO https: