[Video] U.S. Commerce Secretary Announces Plans to Nationalize Defense Firms

Watch: U.S. Commerce Secretary Howard Lutnick discusses plans to partially nationalize defense firms like Lockheed Martin.

The video shows Lutnick's statements on CNBC regarding the Trump administration's strategy to increase government control over defense companies. He outlines the implications for national security and the defense industry.

This video matters as it highlights a significant shift in U.S. defense policy amid ongoing discussions about national security and economic stability. See the moment when this bold plan is unveiled.