Trump: F-35 Jet Program Costs Are 'Out of Control'

The video discusses the F35 program, a significant project for Lockheed Martin, highlighting its cost and profitability challenges. It explores the impact of government contracts on defense spending, especially under President-elect Donald Trump's administration. The video also examines different government contracting methods, such as cost-plus and fixed-price contracts, and their implications for contractors.

What future programs and spending are anticipated in the defense sector?

What are the different types of government contracts mentioned in the text?