By Tyler Durden: A breaking report from Reuters indicates that Lockheed Martin is offshoring part of its F-16 combat jet production from the US to India. This completely goes against President Trump's 'America First' policy.
It's unclear how much of the F-16 production plant in Greenville, South Carolina, will be transferred to India, nevertheless, how many jobs will be lost, in Lockheed Martin's apparent betrayal of "Making America Great Again."
A senior executive told Reuters on Thursday that F-16 wing production will begin in 2020 at a facility in southern India.
Lockheed sold out American workers and the great people of South Carolina so that it could win a contract, worth more than $15 billion to supply the Indian Air Force with 114 combat planes. To sweeten the deal, Lockheed offered to shift production to India, which would only enrich shareholders.
It's unclear how much of the F-16 production plant in Greenville, South Carolina, will be transferred to India, nevertheless, how many jobs will be lost, in Lockheed Martin's apparent betrayal of "Making America Great Again."
A senior executive told Reuters on Thursday that F-16 wing production will begin in 2020 at a facility in southern India.
Lockheed sold out American workers and the great people of South Carolina so that it could win a contract, worth more than $15 billion to supply the Indian Air Force with 114 combat planes. To sweeten the deal, Lockheed offered to shift production to India, which would only enrich shareholders.