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2 weeks ago

Trump turns NATO spending fight into win for US defense companies

President Donald Trump is returning from the annual NATO summit in Turkey having secured several deals involving allies investing in U.S. defense companies and moving to expand production in Europe.The White House on Thursday released a fact sheet outlining $3 billion in deals and joint ventures involving U.S. defense companies and America's European allies that will boost the defense industrial base on both sides of the Atlantic. It comes amid the Trump administration's push for NATO members to increase spending on defense.The announcement noted that Lockheed Martin will work to establish a P...