Donald Trump has been lauded as one of the best negotiators in the world.
In fact, his book The Art of The Deal tells about his mentality in approaching getting things done and getting the best our of a financial deal. He mentions one example about how he had a man on his staff whose sole job was to change lightbulbs on one of his buildings. He mentioned he could help pay this guy’s salary with the negotiation of the cost of each light bulb. After all, when you’re buying 50,000 lightbulbs, even a 10-cent difference per lightbulb is a significant savings.
So it’s no surprise Trump is acting like the businessman that positioned him to be a billionaire. Even before he became President, he was reaching out to companies and striking deals that no other President in recent memory has done.
Trump recently pulled another rabbit out of a hat when he negotiated a deal with Lockheed Martin to supply 104 jets at $95 Million per jet instead of their projected $102 Million, saving the taxpayers $728 Milion!
“The agreement represents $728 million in savings and a nearly 8 percent reduction in price over our last contract for the air vehicle delivered by Lockheed Martin and our industry partners,” Lockheed Martin said in a statement. “This is a good deal for the American taxpayer, our country, our company and our suppliers.”
Lt. Gen. Chris Bogdan, F-35 program executive officer, also described the deal as fair “for the taxpayers, the U.S. government, allies, and industry.”
“(W)e are substantially bringing the cost of each aircraft down, and at the same time the F-35 program will continue to add thousands of additional jobs to the U.S. economy as we increase production year over year,” said Jeff Babione, Lockheed Martin F-35 vice president and general manager, in a statement.lK
Trump’s negotiations with Lockheed Martin are a great example of our leader being conscious of every dime he spends. While Lockheed might have felt like they couldn’t do a batch of planes for any less than $102 Million, it certainly wasn’t the case.
Not only that but Trump’s negotiation still allows thousands of jobs to be added for the whole supply chain associated with building the jets. If President Trump can continue to strike deals like this between private companies and public services, Americans will continue to win.