lockheed martin ceo after the meeting is done. it sounds like the half the meetings at least since the boeing one went so well, were a success here at mar-a-lago. we re going on the basis of the tweets that we re getting from the president-elect that the $4.2 billion estimate, peter, we re getting on these air force one dual plane contracts, again, two different air force ones being made, will get it done for less than that. quoting from donald trump. t so it might be 4.2, it might be $3.9 billion. it is very hard to say. i m trying to see if there are any other comments here from this. but again, you re looking or you were up with the ceo of boeing, of course, who has said that they are working with the president-elect to address this. lockheed martin has come under fire as well for its f-35 long-term defense contract with the government. but, peter, i m just wondering if there s a bigger strategy here that he is sending that
united states. some of the comments of trump s supporters that is not true. people like to import engineers because they are cheaper. ibm does not make these computers anymore. ibm is a consulting firm. if you are a branded product. it is important for you not to get in the crossed hairs of the president of the united states because you have seen what donald trump can do. if you are a company that has defense contract like carrier and united technologies, it is important for you not to lose $6 billion of business a year. if you make chips, semi conductors and things like that. it is not important to you. this battle can only be one in place where there is pr benefit succumb to donald trump. and it would be a banner for them to shift their jobs up.
corporation who may not have thought one second about leaving america, now they are going to announce, hey, we are going to mexico, china, hey, mr. trump, what are you going to do for us? what do you make of the senator s assessment considering trump s promises to keep jobs from leaving. isn t this what got him elected in the first place? it s something that bernie sanders also campaigned on keeping jobs here in the u.s.? it s exactly what got mr. trump elected, although the senator s point is right in terms in the op ed piece, he wrote about corporate patriotism and i think he s spot on, why should corporations that make billions, and we know the parent company of carrier has a $6 billion defense contract, and they made $7 billion worth of profit and now in some ways you have to coerce them or sweeten the pot, if you will, to get them to duty right thing by their employees.
america? if you listen to martin savage and his reporting, there are other people losing their jobs and they re saying, what about us? there s a factually right next door to the carrier plant that s threatened to move to mexico too. they re looking for another deal. i m one of the liberals that believe that corporate taxes can be lowered as long as the money gets reinvested into jobs. and i do think that we ought to be giving countries repatriation, so called a tax holiday to bring the money that s overseas back to the u.s. i believe in that. but what we have here is this lack of detail is just to frustratingly troubling. you know, look, united technologies is a huge defense contractor. donald trump is not president yet. so what is it that he promised united technologies and is it a defense contract, a pentagon
of carrier, began to worry because they do $5 billion of defense contracts every year, those contracts could be harmed if they moved carrier to mexico. will and christine. martin made very good points there. you heard steve mnuchin, the presumptive incoming secretary of state the president called the ceo of united technologies. the parent kcompany of carrier. if you get government contracts, you are looking at the administration and one company you get contracts and other you are shipping jobs overseas. it is silent leverage. a $5 billion defense contract and $65 panhand6 5 million to k in the u.s. a bigger investment with the future. i would suspect this administration is talking to other companies, too. you know, this is a symbolic, but very important win for the