President Donald Trump has declared that Sikorsky, a subsidiary of Lockheed Martin (NYSE:LMT), will be financing a new helicopter landing pad at the White House.
On Monday, Trump told reporters in the Oval Office that Sikorsky would fund a new granite landing pad on the White House South Lawn. The pad is designed for the VH-92A Patriot model Marine One helicopters, which have been causing damage to the lawn during landings.