BREAKING NEWS

Trump floats ban on defense firms hiring military procurement officials

By REUTERS

DECEMBER 10, 2016 01:34

BATON ROUGE, La./WASHINGTON - US President-elect Donald Trump on Friday said he was considering imposing a lifetime ban on US military procurement officials going to work for defense contractors, a move that could dramatically reshape the defense industry.

Three days after publicly rebuking Boeing Co over the cost of the next-generation Air Force One presidential aircraft, Trump floated the idea of such a ban at a rally for Republican supporters in Baton Rouge, Louisiana.

"I think anybody that gives out these big contracts should never ever, during their lifetime, be allowed to work for a defense company, for a company that makes that product," Trump said. "I don't know, it makes sense to me."

He added that he "got the idea yesterday" as he thought about "massive" cost overruns for military equipment but needed to "check this out" first before making any decisions.

Germany arrests eight suspected members of right-wing group

By REUTERS

11/05/2024 11:15 AM

Haredi day care bill loses majority after three RZP MKs withdraw support

By JERUSALEM POST STAFF

11/05/2024 11:10 AM

Russia calls N.Korean missile tests reaction to US provocations

By REUTERS

11/05/2024 10:54 AM

Iran says two French detainees held in good conditions

By REUTERS

11/05/2024 10:14 AM