
After reviewing President Trump’s plans to impose tariffs on steel and aluminum imports, Lockheed Martin [LMT] on Monday said it doesn’t expect any negative direct impact to the company but cautioned that its suppliers could suffer, which in turn could increase costs and cause delays.“At this time, we do not expect these tariffs to have a significant direct impact on Lockheed Martin programs, primarily because we procurement most of our materials through long-term agreements,” Lockheed Martin said in a statement…