Sat Dec 06 20:50:00 UTC 2025: Here’s a news article summarizing the provided text:
Boeing Exec Says Trump’s Equity Plan Won’t Affect Defense Giants
SIMI VALLEY, CA – December 7, 2025 (IST 02:20 am) – Boeing Defence, Space & Security CEO Steve Parker stated on Saturday (December 6, 2025) that former U.S. President Donald Trump’s proposal for the government to acquire equity stakes in key industries will likely not impact major defense contractors like Boeing. Parker made the comments at the Reagan National Defense Forum, an annual industry event.
According to Parker, the plan is primarily intended to support smaller companies within the defense supply chain. He suggested that government equity could be a viable option for these smaller businesses seeking to secure funding. However, he emphasized that the initiative wouldn’t apply to “Primes” such as Boeing, Lockheed Martin, RTX, and Northrop Grumman, referring to the established and leading defense contractors.
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