Possibly, but I think our most sensitive military secrets are not owned by GE, but rather by the federal government. GE might be giving away its own technology, and if that's the case, then the solution is for GE shareholders to fire their management.
Personally, I'm a stockholder in GE and a lot of other companies, and I always vote against management because they typically represent only their own interests.
And how successful has that been? There is a great disparity in the 'reach' between money-conscious Share-holders and an entrenched CEO who often has lap-dogs on the Board of Directors. Wasting the corporate (i.e., the Shareholders) assets to line their own pockets, as I am sure you have witnessed as well. It is pandemic among American management almost. I am wondering whether the best approach (i.e., most feasible) would be one where management is, as a matter of state law, in a new Uniform Corporate Law Code or some such , not allowed to dilute company shares for their own compensation. I.e., no deferred or reserved stock options for services or compensation. Period. Cash on the barrel head only.
I can forsee Delaware not going along though.
So Federal jurisdiction might be necessary...although I loathe giving them authority in such an area. And the likelihood of passage would be low. After all..."corporate donors" = Congress in way too many cases.