Ford discusses defense projects with the US; company may join military production
Kyiv • UNN
Ford is in talks with the US government regarding participation in defense projects. The company plans to supply critical materials and compete with Lockheed Martin.
The American company Ford is in preliminary talks with the U.S. government regarding participation in defense projects. This was reported by Bloomberg, according to UNN.
Details
Ford CEO Jim Farley stated that the company has already initiated a dialogue with the Donald Trump administration.
"We are in early talks with the U.S. government on some defense-related projects,"
He did not disclose details of possible contracts or areas of cooperation.
Expanding the Company's Role
According to Bloomberg, this move may indicate Ford's intention to expand cooperation with the Pentagon. U.S. authorities are seeking to involve commercial companies in the production of weapons and military equipment, which are traditionally supplied by major defense contractors.
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This specifically concerns competition with companies such as Lockheed Martin and General Dynamics.
Ford's Other Role
Farley also noted that the company could play an important role in securing strategic resources.
"Our supply chain is working closely not only with the government but also with new companies to leverage this potential,"
According to him, in the short term, Ford may focus on the supply of critical materials, including minerals and semiconductors.